A new database demonstrates that between 1600 and 1830, Parliament passed thousands of acts restructuring rights to real and equitable estates. These estate acts enabled individuals and families to sell, mortgage, lease, exchange, and improve land previously bound by landholding and inheritance laws. This essay provides a factual foundation for research on this important topic: the law and economics of property rights during the period preceding the Industrial Revolution. Tables present time-series, cross-sectional, and panel data that should serve as a foundation for empirical analysis. Preliminary analysis indicates ways in which this new evidence may shape our understanding of British economic and social history.
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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number
14393.
Length: Date of creation: Oct 2008 Date of revision: Handle: RePEc:nbr:nberwo:14393
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Find related papers by JEL classification: K0 - Law and Economics - - General K11 - Law and Economics - - Basic Areas of Law - - - Property Law N13 - Economic History - - Macroeconomics and Monetary Economics; Growth and Fluctuations - - - Europe: Pre-1913 N43 - Economic History - - Government, War, Law, and Regulation - - - Europe: Pre-1913 P14 - Economic Systems - - Capitalist Systems - - - Property Rights P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism P26 - Economic Systems - - Socialist Systems and Transition Economies - - - Political Economy
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