Slavery and other property rights
Nils-Petter Lagerlof ()
MPRA Paper from University Library of Munich, Germany
Abstract:
The institution of slavery is found mostly at intermediate stages of agricultural development, and less often among hunter-gatherers and advanced agrarian societies. We explain this pattern in a growth model with land and labor as inputs in production, and an endogenously determined property rights institution. The economy endogenously transits from an egalitarian state with equal property rights, to a despotic slave society where the elite own both people and land; thereafter it endogenously transits into a free labor society, where the elite own the land, but people are free.
Keywords: Slavery; long-run growth (search for similar items in EconPapers)
JEL-codes: E0 P51 Q15 (search for similar items in EconPapers)
Date: 2003-05, Revised 2006-08-30
New Economics Papers: this item is included in nep-hrm and nep-mac
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:372
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