Advanced Search
MyIDEAS: Login

Does franchise extension reduce short-run economic growth? Evidence from New South Wales, 1862-1882

Contents:

Author Info

  • Edwyna Harris
Registered author(s):

    Abstract

    Empirical studies have established that franchise extension has positive effects on long-run growth because democratisation leads to greater equality of access to resources. However, in the short-run franchise may lead to a redistribution of resources away from important sectors of an economy. This paper examines this proposition by considering the case of land reform in the colony of New South Wales between 1862 and 1882. Reform was a direct result of franchise extension in preceding years that attempted to reallocate land away from the wool sector to small agriculturalists. Wool producers tried to avoid redistribution of their holdings by expending resources on evading reform legislation. These were resources that could have been invested in productive activities and therefore, it is expected that franchise reduced short-run growth because of the institutional changes it induced. The results presented here confirm that evasion efforts acted to reduce both pastoral sector and total GDP in the short-run.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. 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.
    File URL: http://www.buseco.monash.edu.au/eco/research/papers/2011/1911franchiseextensionharris.pdf
    Download Restriction: no

    Bibliographic Info

    Paper provided by Monash University, Department of Economics in its series Monash Economics Working Papers with number 19-11.

    as in new window
    Length: 31 pages
    Date of creation: Sep 2011
    Date of revision:
    Handle: RePEc:mos:moswps:2011-19

    Contact details of provider:
    Postal: Department of Economics, Monash University, Victoria 3800, Australia
    Phone: +61-3-9905-2493
    Fax: +61-3-9905-5476
    Email:
    Web page: http://www.buseco.monash.edu.au/eco/
    More information through EDIRC

    Order Information:
    Email:
    Web: http://www.buseco.monash.edu.au/eco/research/papers/

    Related research

    Keywords: franchise; land reform; evasion; short-run growth;

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:

    References

    References listed on IDEAS
    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.:
    as in new window
    1. Edwyna Harris, 2010. "Scarcity and the Evolution of Water Rights in the Nineteenth Century: the Role of Climate and Asset Type," Development Research Unit Working Paper Series 45-10, Monash University, Department of Economics.
    2. Goodfriend, Marvin & McDermott, John, 1995. "Early Development," American Economic Review, American Economic Association, vol. 85(1), pages 116-33, March.
    3. Alan Dye & Sumner La Croix, 2012. "The Political Economy of Land Privatization in Argentina and Australia, 1810-1850," Working Papers 201207, University of Hawaii at Manoa, Department of Economics.
    4. Allen, Douglas W, 1991. "Homesteading and Property Rights; or, "How the West Was Really Won."," Journal of Law and Economics, University of Chicago Press, vol. 34(1), pages 1-23, April.
    5. Lee J. Alston & Edwyna Harris & Bernardo Mueller, 2009. "De Facto and De Jure Property Rights: Land Settlement and Land Conflict on the Australian, Brazilian and U.S. Frontiers," CEPR Discussion Papers 607, Centre for Economic Policy Research, Research School of Economics, Australian National University.
    6. Alston, Lee J. & Libecap, Gary D. & Mueller, Bernardo, 2000. "Land Reform Policies, the Sources of Violent Conflict, and Implications for Deforestation in the Brazilian Amazon," Journal of Environmental Economics and Management, Elsevier, vol. 39(2), pages 162-188, March.
    7. Allen, Douglas W., 2007. "Information Sharing During the Klondike Gold Rush," The Journal of Economic History, Cambridge University Press, vol. 67(04), pages 944-967, December.
    8. Zerbe, Richard O. & Anderson, C. Leigh, 2001. "Culture And Fairness In The Development Of Institutions In The California Gold Fields," The Journal of Economic History, Cambridge University Press, vol. 61(01), pages 114-143, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:mos:moswps:2011-19. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Simon Angus).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.