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Erscheinungsjahr: 
2006
Schriftenreihe/Nr.: 
Working Paper No. 2006-14
Verlag: 
Brown University, Department of Economics, Providence, RI
Zusammenfassung: 
This paper suggests that inequality in the distribution of land ownership 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 land ownership on education expenditure is established empirically based on evidence from the beginning of the 20th century in the US.
Schlagwörter: 
Land Inequality, Institutions, Geography, Human capital, Growth, Great Divergence
JEL: 
O10
O40
Dokumentart: 
Working Paper

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