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Learning, Capital Accumulation, and the Transformation of California Agriculture

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  • Rhode, Paul W.

Abstract

Between 1890 and 1914, California agriculture rapidly shifted from extensive to intensive crops, emerging as one of the world's major suppliers of Mediterranean products. Based on an analysis of new data on price and quantity movements, this article calls into question the traditional emphasis on changes in transportation, water, and labor market conditions as explanations for California's transformation. It argues that increases in fruit supply outpaced increases in demand and that declining farm interest rates and biological learning played crucial, if relatively neglected, roles in the intensification process.

Suggested Citation

  • Rhode, Paul W., 1995. "Learning, Capital Accumulation, and the Transformation of California Agriculture," The Journal of Economic History, Cambridge University Press, vol. 55(4), pages 773-800, December.
  • Handle: RePEc:cup:jechis:v:55:y:1995:i:04:p:773-800_04
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    Cited by:

    1. David A. Hennessy, 2006. "On Monoculture and the Structure of Crop Rotations," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 88(4), pages 900-914.
    2. Johnston, Warren E. & McCalla, Alex F., 2004. "Whither California Agriculture: Up, Down or Out? Some Thoughts about the Future," Special Reports 11922, University of California, Davis, Giannini Foundation.
    3. Vicente Pinilla & María Isabel Ayuda, 2006. "“Horn Of Plenty” Revisited: The Globalization Of Mediterranean Horticulture And The Economic Development Of Spain, 1850-1935," Documentos de Trabajo (DT-AEHE) 0606, Asociación Española de Historia Económica.
    4. Richard W. England, 2010. "Ricardo, Gold, and Rails: Discovering the Origins of Progress and Poverty," American Journal of Economics and Sociology, Wiley Blackwell, vol. 69(4), pages 1279-1293, October.
    5. Alan L. Olmstead, 2020. "Historical and Institutional Perspectives on American Agricultural Development," American Journal of Agricultural Economics, John Wiley & Sons, vol. 102(2), pages 400-418, March.
    6. Melinda C. Miller, 2020. "“The Righteous and Reasonable Ambition to Become a Landholder”: Land and Racial Inequality in the Postbellum South," The Review of Economics and Statistics, MIT Press, vol. 102(2), pages 381-394, May.
    7. Lionel Frost, 2010. "‘Metallic Nerves’: San Francisco And Its Hinterland During And After The Gold Rush," Australian Economic History Review, Economic History Society of Australia and New Zealand, vol. 50(2), pages 129-147, July.

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