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Abstract:

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How the Panama Canal reshaped the economic geography of the United States

July 2019
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Tags: cep; department of economics; economics; lse authors

In the early 20th century a ship travelling from San Francisco to New York or on to Europe first had to travel over 13,000 miles around the entirety of South America. That all changed in August of 1914 with the opening of the Panama Canal, bridging the Atlantic and Pacific Oceans. And while the new canal cut the distance which […]