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Agricultural institutions, industrialization and growth: The case of New Zealand and Uruguay in 1870–1940

Álvarez, Jorge and Bilancini, Ennio and D'Alessandro, Simone and Porcile, Gabriel Agricultural institutions, industrialization and growth: The case of New Zealand and Uruguay in 1870–1940. Explorations in Economic History, 48 (2). pp. 151-168. ISSN 0014-4983 (2011)

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Abstract

In this paper we apply a model of early industrialization to the case of New Zealand and Uruguay in 1870–1940. We show how differences in agricultural institutions may have produced different development paths in two countries which were similar under many respects. While in New Zealand the active role of the Crown in regulating the land market facilitated access to land, in Uruguay land was seized by a small group of large landowners. Our model shows that land concentration may have negatively influenced industrialization and growth by impeding the formation of a large group of middle-income landowners and, as a consequence, the development of a domestic demand for basic manufactures. We support this view with a comparative analysis of agricultural institutions and industrial development in New Zealand and Uruguay.

Item Type: Article
Identification Number: https://doi.org/10.1016/j.eeh.2010.05.004
Uncontrolled Keywords: Agricultural institutions; Industrialization; Growth; New Zealand; Uruguay functional distribution; Agricultural surplus
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor
Research Area: Economics and Institutional Change
Depositing User: Caterina Tangheroni
Date Deposited: 24 Jan 2018 12:03
Last Modified: 24 Jan 2018 12:03
URI: http://eprints.imtlucca.it/id/eprint/3882

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