作者：University of London; London School Economics & Political Science
作者：Claremont Colleges; Pomona College
摘要：The period 1861 to 1920 witnessed sharp price convergence in British Indian grain markets. Previous research attributed this to the construction of railways. But tests examining price differences between districts provide surprisingly weak support for that hypothesis. Railways mattered, but seem capable of explaining only about 20 percent of the decline in price dispersion. One explanation may be that India was a partially integrated economy at the time of railroad expansion. Lines connecting ...
作者：University of South Carolina System; University of South Carolina Upstate
摘要：This article examines barriers that impeded the accumulation of land by African Americans in the postbellum South with a new data set of real estate transactions from 1880 Tennessee. We find that rates of purchase by African Americans differed little between plantation and non-plantation regions. We also find that parcels sold in plantation regions were relatively small, suggesting that African American accumulation of land was not hindered by plantation owners refusing to subdivide their prop...
作者：Vanderbilt University; National Bureau of Economic Research
