Estate acts, 1600–1830: A new source for British history

Dan Bogart and Gary Richardson

A chapter in Research in Economic History, 2010, pp 1-50 from Emerald Group Publishing Limited

Abstract: A new database demonstrates that between 1600 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 landholding and inheritance laws. This essay provides a factual foundation for research on this important topic: the law and economics of property rights during the period preceding the Industrial Revolution. Tables present time-series, cross-sectional, and panel data that should serve as a foundation for empirical analysis. Preliminary analysis indicates ways in which this new evidence may shape our understanding of British economic and social history. The data demonstrate that Parliament facilitated the reallocation of resources to new and more productive uses by adapting property rights to modern economic conditions. Reallocation surged in the decades following the Glorious Revolution and was concentrated in areas undergoing urbanization and industrialization. The process was open to landowners of all classes, not just the privileged groups who sat in the Houses of Lords and Commons. Parliament's rhetoric about improving the realm appears to have been consistent with its actions concerning rights to land and resources.

Date: 2010
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Working Paper: Estate Acts, 1600 to 1830: A New Source for British History (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:eme:rehizz:s0363-3268(2010)0000027006

DOI: 10.1108/S0363-3268(2010)0000027006

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