Cultural persistence as behavior towards risk: evidence from the North Carolina Cherokees, 1850-1880
Can economic theory help explain the persistence of a cultural enclave among the Cherokee Indians living in North Carolina during the nineteenth century? To date, Fogelson and Kutsche (1961) and Finger (1984) identify the continuation of a communal, labor-sharing agricultural institution called the gadugi as simply an example of Cherokee agency during a period of substantial upheaval. I contribute to the historiography on ancestral labor traditions by adopting Kimball's (1988) framework on the function of farming cooperatives to test whether this arrangement sprung up as a form of insurance against the idiosyncratic risk inherent in southern agriculture. Data collected from the 1850-1880 manuscript census returns on North Carolina Cherokee farms are used to compute the variance of household self-sufficiency, which appears substantial enough to warrant a non-market mechanism to pool risk.
|Date of creation:||Jun 2009|
|Date of revision:|
|Publication status:||Published in Journal of Income Distribution 2.18(2009): pp. 3-15|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
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.:
- Fenoaltea, Stefano, 1976. "Risk, transaction costs, and the organization of medieval agriculture," Explorations in Economic History, Elsevier, vol. 13(2), pages 129-151, April.
- Coate, Stephen & Ravallion, Martin, 1993. "Reciprocity without commitment : Characterization and performance of informal insurance arrangements," Journal of Development Economics, Elsevier, vol. 40(1), pages 1-24, February.
- Weiman, David F., 1987. "Farmers and the Market in Antebellum America: A View from the Georgia Upcountry," The Journal of Economic History, Cambridge University Press, vol. 47(03), pages 627-647, September.
- Takashi Kurosaki & Marcel Fafchamps, 1997.
"Insurance Market Efficiency and Crop Choices in Pakistan,"
97010, Stanford University, Department of Economics.
- Kurosaki, Takashi & Fafchamps, Marcel, 2002. "Insurance market efficiency and crop choices in Pakistan," Journal of Development Economics, Elsevier, vol. 67(2), pages 419-453, April.
- Marcel Fafchamps & Takashi Kurosaki, 2000. "Insurance Market Efficiency and Crop Choices in Pakistan," Economics Series Working Papers 12, University of Oxford, Department of Economics.
- Takashi Kurosaki & Marcel Fafchamps, 1998. "Insurance Market Efficiency and Crop Choices in Pakistan," Discussion Paper Series a358, Institute of Economic Research, Hitotsubashi University.
- Cain, Louis P., 1992. "General and Miscellaneous Strategic Factors in Nineteenth Century American Economic History: A Volume to Honor Robert W. Fogel. Edited by Claudia Goldin and Hugh Rockoff. Chicago: The University of Ch," The Journal of Economic History, Cambridge University Press, vol. 52(04), pages 979-982, December.
- Fafchamps, Marcel & Pender, John, 1997. "Precautionary Saving, Credit Constraints, and Irreversible Investment: Theory and Evidence from Semiarid India," Journal of Business & Economic Statistics, American Statistical Association, vol. 15(2), pages 180-94, April.
- Kimball, Miles S, 1988. "Farmers' Cooperatives as Behavior Toward Risk," American Economic Review, American Economic Association, vol. 78(1), pages 224-32, March.
- Richardson, Gary, 2005. "The Prudent Village: Risk Pooling Institutions in Medieval English Agriculture," The Journal of Economic History, Cambridge University Press, vol. 65(02), pages 386-413, June.
- Shively, Gerald E., 1999.
"Risks and returns from soil conservation: evidence from low-income farms in the Philippines,"
Blackwell, vol. 21(1), pages 53-67, August.
- Shively, Gerald E., 1999. "Risks and returns from soil conservation: evidence from low-income farms in the Philippines," Agricultural Economics of Agricultural Economists, International Association of Agricultural Economists, vol. 21(1), August.
- Bogue, Allan G., 1987. "To Their Own Soil: Agriculture in the Antebellum North. By Jeremy Atack and Fred Bateman. Ames: Iowa State University Press, 1987. Pp. xi, 322. $29.95," The Journal of Economic History, Cambridge University Press, vol. 47(04), pages 1050-1051, December.
- Howard Bodenhorn & Hugh Rockoff, 1992. "Regional Interest Rates in Antebellum America," NBER Chapters, in: Strategic Factors in Nineteenth Century American Economic History: A Volume to Honor Robert W. Fogel, pages 159-187 National Bureau of Economic Research, Inc.
- Hutchinson, William. K. & Williamson, Samuel, 1971. "The Self-Sufficiency of the Antebellum South: Estimates of the Food Supply," The Journal of Economic History, Cambridge University Press, vol. 31(03), pages 591-612, September.
- Carlos, Ann M. & Lewis, Frank D., 2001. "Trade, Consumption, And The Native Economy: Lessons From York Factory, Hudson Bay," The Journal of Economic History, Cambridge University Press, vol. 61(04), pages 1037-1064, December.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:33915. 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: (Joachim Winter)
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.