New England Textiles in the Nineteenth Century : Profits and Investment

by Paul F. McGouldrick

Book Details

Format Hardback or Cased Book

Book Series Harvard Economic Studies

ISBN-10 0674614003

ISBN-13 9780674614000

Publisher Harvard University Press

Imprint Harvard University Press

Country of Manufacture US

Country of Publication GB

Publication Date Jan 1st, 1968

Print length 296 Pages

Weight 499 grams

Product Classification: Business & management

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Ksh 6,300.00

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This unique study determines, by means of rigorous quantitative analysis, how cycles in New England cotton textile profits, output, borrowing, and capacity affected investment—and therefore industrial growth—during the nineteenth century. The firms studied were transitional forms between owner-managed companies and the modern corporation. From primary sources, Paul McGouldrick has constructed standardized balance sheets and income statements for each company year by year. A painstaking comparison with a much broader sample of companies shows that trends and cycles in profit rates for companies studied were typical of the industry.

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