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Non-Financial Hurdles for Human Capital Accumulation: Landownership in Korea under Japanese Rule

  • Jun, Bogang

This paper suggests that inequality of landownership is a non-financial hurdle for human capital accumulation. It is the first to present evidence that inequality of landownership had an adverse effect on the level of public education in the Korean colonial period. Exploiting variations in inequality in land concentration across regions in Korea and accounting for unobserved heterogeneity across theses regions, using a fixed effect model, the analysis establishes a highly significant adverse effect of land inequality on education in Korea’s colonial period.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 43172.

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Date of creation: 07 Dec 2012
Date of revision:
Handle: RePEc:pra:mprapa:43172
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  1. Oded Galor & Omer Moav, 2004. "From Physical to Human Capital Accumulation: Inequality and the Process of Development," GE, Growth, Math methods 0410005, EconWPA.
  2. Oded Galor & Omer Moav & Dietrich Vollrath, 2009. "Inequality in Landownership, the Emergence of Human-Capital Promoting Institutions, and the Great Divergence," Review of Economic Studies, Oxford University Press, vol. 76(1), pages 143-179.
  3. repec:oup:restud:v:60:y:1993:i:1:p:35-52 is not listed on IDEAS
  4. Papageorgiou, Chris & Razak, Nor Azam Abdul, 2009. "Inequality, Human Capital and Development: Making the Theory Face the Facts," MPRA Paper 18973, University Library of Munich, Germany.
  5. Oded Galor & Omer Moav, 2006. "Das Human-Kapital: A Theory of the Demise of the Class Structure," Review of Economic Studies, Oxford University Press, vol. 73(1), pages 85-117.
  6. Jeon, Yoong-Deok & Kim, Young-Yong, 2000. "Land Reform, Income Redistribution, and Agricultural Production in Korea," Economic Development and Cultural Change, University of Chicago Press, vol. 48(2), pages 253-68, January.
  7. Kenneth L. Sokoloff & Stanley L. Engerman, 2000. "Institutions, Factor Endowments, and Paths of Development in the New World," Journal of Economic Perspectives, American Economic Association, vol. 14(3), pages 217-232, Summer.
  8. Francesco Cinnirella & Erik Hornung, 2011. "Landownership Concentration and the Expansion of Education," CESifo Working Paper Series 3603, CESifo Group Munich.
  9. Oded Galor, 2011. "Inequality, Human Capital Formation and the Process of Development," Working Papers 2011-7, Brown University, Department of Economics.
  10. David N. Weil & Oded Galor, 2000. "Population, Technology, and Growth: From Malthusian Stagnation to the Demographic Transition and Beyond," American Economic Review, American Economic Association, vol. 90(4), pages 806-828, September.
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