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Gold and silver mining in the 16th and 17th centuries, land titles and agricultural productivity

Version 2 2024-06-06, 09:57
Version 1 2015-07-06, 15:52
journal contribution
posted on 2024-06-06, 09:57 authored by MR Islam, JB Madsen, PA Raschky
Although agricultural productivity is critical for economic development very little is known about the causes of the large dispersion in agricultural productivity across the world. Microeconomic studies increasingly stress the lack of land rights in many poor countries as an important source of low productivity. This paper examines the role played by land titles in explaining differences in agricultural productivity for 93 countries. Using the per capita accumulated value of gold and silver production in the 16th and 17th centuries as instruments for land rights it is shown that enforcement of land titles is a significant source of agricultural productivity inequality across the world.

History

Journal

European journal of political economy

Volume

39

Pagination

150-166

Location

Amsterdam, The Netherlands

ISSN

0176-2680

Language

eng

Publication classification

C1 Refereed article in a scholarly journal

Copyright notice

2015, Elsevier

Publisher

Elsevier