Making property productive: reorganizing rights to real and equitable estates in Britain, 1660–1830

Dan Bogart and Gary Richardson

European Review of Economic History, 2009, vol. 13, issue 1, 3-30

Abstract: Between 1660 and 1830, Parliament passed thousands of Acts restructuring rights to real and equitable estates. These estate Acts enabled individuals and families to sell, mortgage, lease, exchange and improve land previously bound by inheritance rules and other legal legacies. The loosening of these legal constraints facilitated the reallocation of land and resources towards higher-value uses. Data reveal correlations between estate Acts, urbanization and economic development during the decades surrounding the Industrial Revolution.

Date: 2009
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Working Paper: Making Property Productive: Reorganizing Rights to Real and Equitable Estates in Britain, 1660 to 1830 (2008)
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