TY  - JOUR
IS  - 2
JF  - Explorations in Economic History
PB  - Elsevier
ID  - eprints3882
EP  - 168
N2  - 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.
SN  - 0014-4983
KW  - Agricultural institutions; Industrialization; Growth; New Zealand; Uruguay functional distribution; Agricultural surplus
UR  - http://doi.org/10.1016/j.eeh.2010.05.004
A1  - Álvarez, Jorge
A1  - Bilancini, Ennio
A1  - D'Alessandro, Simone
A1  - Porcile, Gabriel
Y1  - 2011///
VL  - 48
TI  - Agricultural institutions, industrialization and growth: The case of New Zealand and Uruguay in 1870?1940
SP  - 151
AV  - none
ER  -