Human Capital and Growth in the Postbellum South: A Separate but Unequal Story
AbstractThis article tests the importance of human capital in explaining convergence across the states from 1880 to 1950. Human capital matters to a state s income level and to its growth rate through technological diffusion. The South, whose overwhelmingly agricultural society relied more heavily on work experience than formal education, and whose racial discrimination in school resource allocation lowered human capital accumulation of both blacks and whites, presents a unique pattern. The South s low human capital levels following the Civil War and its active postbellum resistance to education reduced its speed of conditional convergence toward the rest of the nation.
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Bibliographic InfoArticle provided by Cambridge University Press in its journal The Journal of Economic History.
Volume (Year): 64 (2004)
Issue (Month): 02 (June)
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- Angelopoulos, Konstantinos & Malley, James, 2008.
"Tax Structure, Growth and Welfare in the UK,"
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2008-18, Scottish Institute for Research in Economics (SIRE).
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