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Inequality in landownership, the emergence of human-capital promoting institutions, and the great divergence
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Galor, Oded, Moav, Omer and Vollrath, Dietrich (2009) Inequality in landownership, the emergence of human-capital promoting institutions, and the great divergence. Review of Economic Studies, Vol.76 (No.1). pp. 143-179. doi:10.1111/j.1467-937X.2008.00506.x ISSN 0034-6527.
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Official URL: http://dx.doi.org/10.1111/j.1467-937X.2008.00506.x
Abstract
This paper suggests that inequality in the distribution of landownership adversely affected the emergence of human-capital promoting institutions (e.g. public schooling), and thus the pace and the nature of the transition from an agricultural to an industrial economy, contributing to the emergence of the great divergence in income per capita across countries. The prediction of the theory regarding the adverse effect of the concentration of landownership on education expenditure is established empirically based on evidence from the beginning of the 20th century in the U.S.
Item Type: | Journal Article | ||||
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Divisions: | Faculty of Social Sciences > Economics | ||||
Journal or Publication Title: | Review of Economic Studies | ||||
Publisher: | Oxford University Press | ||||
ISSN: | 0034-6527 | ||||
Official Date: | January 2009 | ||||
Dates: |
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Volume: | Vol.76 | ||||
Number: | No.1 | ||||
Page Range: | pp. 143-179 | ||||
DOI: | 10.1111/j.1467-937X.2008.00506.x | ||||
Status: | Peer Reviewed | ||||
Publication Status: | Published | ||||
Access rights to Published version: | Restricted or Subscription Access |
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