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Slavery, the Supply of Agricultural Labor, and the Industrialization of the South

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  • Fleisig, Heywood

Abstract

This article assumes that the only effect of slavery was the relief of a labor constraint facing individual farmers, and shows the conditions under which slavery would increase the share of agriculture in total output, reduce the size of the market for, and the incentive to invent and innovate, new farm machinery. Two farm models are developed, one with a fixed laborconstraint, the other with a rising labor supply-curve; these are contrasted with a third model of an unconstrained farm. The constrained (free labor) and unconstrained (slave labor) models successfully predict several salient differences between northern and southern agriculture and industry.

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  • Fleisig, Heywood, 1976. "Slavery, the Supply of Agricultural Labor, and the Industrialization of the South," The Journal of Economic History, Cambridge University Press, vol. 36(3), pages 572-597, September.
    • Handle: RePEc:cup:jechis:v:36:y:1976:i:03:p:572-597_09
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    Cited by:

    1. Haluk Ergin & Serdar Sayan, 1997. "A Microeconomic Analysis of Slavery in Comparison to Free Labor Economies," Working Papers 9708, Department of Economics, Bilkent University.
    2. Irina Rosa Espana E & Irina Rosa España E. y Fabio Sánchez T., 2012. "Colonial Mestizaje and its Consequences for Human Capital and Early Twentieth Century Regional Industrialization in Colombia," Documentos CEDE 10015, Universidad de los Andes, Facultad de Economía, CEDE.
    3. Robert A. Margo, 1998. "Labor Market Integration Before the Civil War," NBER Working Papers 6643, National Bureau of Economic Research, Inc.
    4. Margo, Robert A., 1999. "Regional Wage Gaps and the Settlement of the Midwest," Explorations in Economic History, Elsevier, vol. 36(2), pages 128-143, April.

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