Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w22483 |
来源ID | Working Paper 22483 |
Start-up Nation? Slave Wealth and Entrepreneurship in Civil War Maryland | |
Felipe González; Guillermo Marshall; Suresh Naidu | |
发表日期 | 2016-08-08 |
出版年 | 2016 |
语种 | 英语 |
摘要 | Slave property rights yielded a source of collateral as well as a coerced labor force. Using data from Dun and Bradstreet linked to the 1860 census and slave schedules in Maryland, we find that slaveowners were more likely to start businesses prior to the uncompensated 1864 emancipation, even conditional on total wealth and human capital, and this advantage disappears after emancipation. We assess a number of potential explanations, and find suggestive evidence that this is due to the superiority of slave wealth as a source of collateral for credit rather than any advantage in production. The collateral dimension of slave property magnifies its importance to historical American economic development. |
主题 | History ; Labor and Health History |
URL | https://www.nber.org/papers/w22483 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/580157 |
推荐引用方式 GB/T 7714 | Felipe González,Guillermo Marshall,Suresh Naidu. Start-up Nation? Slave Wealth and Entrepreneurship in Civil War Maryland. 2016. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w22483.pdf(1950KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。