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Life on the Edge: elites, wealth, and inequality in Sonora 1871-1910

Author

Listed:
  • Diego Castañeda Garza

    (ITESM-CSF)

  • Alice Krozer

    (El Colegio de México)

Abstract

This paper’s contribution is a reconstruction of the distribution of wealth employing a sample of wills from El Colegio de Sonora database for the years 1871-1910. We show that the rapid industrialisation/modernisation process that ensued in northern Mexico during the late 19th and early 20th century lead to a continuous increment in wealth concentration at the top of the distribution, going from a Gini index measure of 0.48 in 1871 to 0.79 in 1910. Rather than a fundamental (kuznetsian) necessity, however, our data suggests a critical role played by the political economy at the time in a gerschenkronian fashion and highlight the importance of the control of natural resources on inequality dynamics. The paper hereby engages with and contributes to the ongoing discussion about the role of economic and political elites in inequality dynamics and their reproduction over time.

Suggested Citation

  • Diego Castañeda Garza & Alice Krozer, 2020. "Life on the Edge: elites, wealth, and inequality in Sonora 1871-1910," Serie documentos de trabajo del Centro de Estudios Económicos 2020-04, El Colegio de México, Centro de Estudios Económicos.
  • Handle: RePEc:emx:ceedoc:2020-04
    as

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    File URL: https://cee.colmex.mx/dts/2020/DT-2020-4.pdf
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    References listed on IDEAS

    as
    1. Alvaredo, Facundo & Atkinson, Anthony B. & Morelli, Salvatore, 2018. "Top wealth shares in the UK over more than a century," Journal of Public Economics, Elsevier, vol. 162(C), pages 26-47.
    2. Branko Milanovic & Peter H. Lindert & Jeffrey G. Williamson, 2011. "Pre‐Industrial Inequality," Economic Journal, Royal Economic Society, vol. 121(551), pages 255-272, March.
    3. Peter H. Lindert & Jeffrey G. Williamson, 2016. "Unequal Gains: American Growth and Inequality since 1700," Economics Books, Princeton University Press, edition 1, number 10670.
    4. Peter H. Lindert & Jeffrey G. Williamson, 1983. "English Workers’Living Standards During the Industrial Revolution: A New Look," Economic History Review, Economic History Society, vol. 36(1), pages 1-25, February.
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    More about this item

    Keywords

    inequality; wealth inequality; elites; Mexico; wills; Sonora; social structure;
    All these keywords.

    JEL classification:

    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • I3 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty
    • N36 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Latin America; Caribbean
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

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