Lagerlöf, Nils-Petter (2003): Slavery and other property rights.
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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.
|Item Type:||MPRA Paper|
|Original Title:||Slavery and other property rights|
|Keywords:||Slavery; long-run growth|
|Subjects:||E - Macroeconomics and Monetary Economics > E0 - General
Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics > Q1 - Agriculture > Q15 - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment
P - Economic Systems > P5 - Comparative Economic Systems > P51 - Comparative Analysis of Economic Systems
|Depositing User:||Nils-Petter Lagerlöf|
|Date Deposited:||10. Oct 2006|
|Last Modified:||08. Jan 2014 02:31|