Inequality in Landownership, the Emergence of Human-Capital Promoting Institutions, and the Great Divergence

Oded Galor (), Omer Moav () and Dietrich Vollrath

Review of Economic Studies, 2009, vol. 76, issue 1, pages 143-179

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. Copyright © 2009 The Review of Economic Studies Limited.

Date: 2009
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Related works:
Working Paper: Inequality in Land Ownership, the Emergence of Human Capital Promoting Institutions and the Great Divergence (2008)
Working Paper: Inequality in Land Ownership, the Emergence of Human Capital Promoting Institutions, and the Great Divergence (2006)
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