I use the rents and prices of land held by charities in England to estimate statistically nominal and real farmland rental values, including payments for tithe and taxes, from 1500 to 1912. The series measures rental values when land was rented in a competitive market, not the average rents paid by land occupiers which would often be lower because of customary leases. An advantage of the methods used here over older ones is that the sampling error in the series can be calculated. The series show rapid shifts of income toward landowners and away from wages around 1600 and 1800, but back toward wages after 1870. Land rental values are much higher before 1820 than in the recent series of Michael Turner, John Beckett and Bethany Afton. This implies that agricultural productivity was high before 1800: higher than could be consistent with an agricultural revolution either alongside or before the Industrial Revolution.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Volume (Year): 6 (2002) Issue (Month): 03 (December) Pages: 281-308 Download reference. The following formats are available: HTML
(with abstract),
plain text
(with abstract),
BibTeX,
RIS (EndNote, RefMan, ProCite),
ReDIF
Contact details of provider: Postal: The Edinburgh Building, Shaftesbury Road, Cambridge CB2 2RU UK Fax: +44 (0)1223 325150 Email: Web page: http://journals.cambridge.org/jid_ERE
For technical questions regarding this item, or to correct its listing, contact: (Mike Eden).
Related research
Keywords:
Cited by: (explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)