Published online by Cambridge University Press: 11 May 2010
1 For instance, the logic of the stock adjustment model would seem to require a fall in the stock of homesteads in response to a fall in grain prices and thus net returns. Yet until the immediate post-war period a fall in grain prices merely led to a fall in the flow of new entries. The cumulated sum continued to increase, but at a slower rate. The stock adjustment formulation on the other hand would be appropriate for analyzing the initial settlement adjustments in the early 1920s, the interruption of this process later in the decade and the retrenchment and adjustments to cultivated acreage made in the Great Depression.
To send this article to your Kindle, first ensure no-reply@cambridge.org is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about sending to your Kindle. Find out more about saving to your Kindle.
Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.
Find out more about the Kindle Personal Document Service.
To save this article to your Dropbox account, please select one or more formats and confirm that you agree to abide by our usage policies. If this is the first time you used this feature, you will be asked to authorise Cambridge Core to connect with your Dropbox account. Find out more about saving content to Dropbox.
To save this article to your Google Drive account, please select one or more formats and confirm that you agree to abide by our usage policies. If this is the first time you used this feature, you will be asked to authorise Cambridge Core to connect with your Google Drive account. Find out more about saving content to Google Drive.