IDEAS home Printed from https://ideas.repec.org/p/cte/whrepe/wh030501.html
   My bibliography  Save this paper

Agrarian institutions and economic growth : was the sale of baldíos responsible of the Castilian agrarian crisis at the end of sixteenth century?

Author

Listed:
  • Álvarez Nogal, Carlos

Abstract

The traditional literature about the Castilian agriculture has interpreted the sale of baldíos as one of the main causes of the decline of Castile during the seventeenth century. The sale obligated the peasant to buy the land if he wanted to continue working on it. Many of these lands were marginal and poor soils, so the growth of production cost would have led many farmers to the ruin and poverty. Many of them had to migrate to other regions, causing a deep fall of agriculture production, the main production activity of Castile's economy at that period of time. This paper shows that Castile entered in decadence not because the baldíos were sold but because the reasons inviting people to use more land and to increase production during the first half of the sixteenth century disappeared around 1590. Instead of seeing exclusively the new costs faced by the farmer after the sale, this paper explores what happened with revenues from plowing more land. Baldíos was an institution that helped an increase of production through expansion of land and labor. Who was the owner of these lands seem to be indifferent in order to explain the amount of production factor used on agriculture. If baldíos was not the reason that provoked a huge migration in the Castilian countryside, then, who was the responsible?. Problems to maintain the returns from agriculture, and not the unexpected increase in the price of land, were the real cause of the final crisis at the end of the sixteenth century.

Suggested Citation

  • Álvarez Nogal, Carlos, 2003. "Agrarian institutions and economic growth : was the sale of baldíos responsible of the Castilian agrarian crisis at the end of sixteenth century?," IFCS - Working Papers in Economic History.WH wh030501, Universidad Carlos III de Madrid. Instituto Figuerola.
  • Handle: RePEc:cte:whrepe:wh030501
    as

    Download full text from publisher

    File URL: https://e-archivo.uc3m.es/bitstream/handle/10016/401/wh030501.pdf?sequence=1
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Aceña, Pablo Martin, 1992. "Los precios en europa durante los siglos XVI y XVII: Estudio comparativo," Revista de Historia Económica / Journal of Iberian and Latin American Economic History, Cambridge University Press, vol. 10(3), pages 359-395, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mauricio Drelichman, 2004. "The Curse of Moctezuma: American Silver and the Dutch Disease, 1501-1650," Economic History 0404001, University Library of Munich, Germany.
    2. José I. García de Paso, "undated". "La Política Monetaria Castellana de los Siglos XVI y XVII," Studies on the Spanish Economy 111, FEDEA.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cte:whrepe:wh030501. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ana Poveda (email available below). General contact details of provider: http://portal.uc3m.es/portal/page/portal/instituto_figuerola .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.