IDEAS home Printed from
MyIDEAS: Login to save this paper or follow this series

South Carolina Slave Prices, 1722-1809

  • Peter C. Mancall
  • Joshua L. Rosenbloom
  • Thomas Weiss

Based on data from several samples of probate inventories we construct and analyze a time series of slave prices for South Carolina from 1722 to 1809. These estimates reveal that prices fluctuated without trend prior to the 1760s and then began to rise rapidly, more than doubling by the early nineteenth century. Estimates of supply and demand functions indicate that while long-run slave supply was highly elastic, the short-run supply function was quite inelastic. Our analysis of the slave price series indicates that the price of rice was the major determinant of the demand for slaves and in turn largely explains the rise in slave prices. These findings have important implications for the interpretation of evidence on rising yields in rice production over the eighteenth century and the sources of wealth accumulation in South Carolina.

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:
Download Restriction: no

Paper provided by National Bureau of Economic Research, Inc in its series NBER Historical Working Papers with number 0123.

in new window

Date of creation: Mar 2000
Date of revision:
Publication status: published as Mancall, Peter C., Joshua L. Rosenbloom and Thomas Weiss. "Slave Prices And The South Carolina Economy, 1722-1809," Journal of Economic History, 2001, v61(3,Sep), 616-639.
Handle: RePEc:nbr:nberhi:0123
Note: DAE
Contact details of provider: Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.
Phone: 617-868-3900
Web page:

More information through EDIRC

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. R. C. Nash, 1992. "South Carolina and the Atlantic economy in the late seventeenth and eighteenth centuries," Economic History Review, Economic History Society, vol. 45(4), pages 677-702, November.
  2. Egnal, Marc, 1998. "New World Economies: The Growth of the Thirteen Colonies and Early Canada," OUP Catalogue, Oxford University Press, number 9780195114829.
  3. Chang-Tai Hsieh, 1999. "Productivity Growth and Factor Prices in East Asia," American Economic Review, American Economic Association, vol. 89(2), pages 133-138, May.
  4. Peter C. Mancall & Joshua L. Rosenbloom & Thomas Weiss, 2000. "Slave Prices in the Lower South, 1722-1815," NBER Historical Working Papers 0120, National Bureau of Economic Research, Inc.
Full references (including those not matched with items on IDEAS)

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

When requesting a correction, please mention this item's handle: RePEc:nbr:nberhi:0123. 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: ()

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.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.