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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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File URL: http://mpra.ub.uni-muenchen.de/43172/1/MPRA_paper_43172.pdf
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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
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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," Review of Economic Studies, Oxford University Press, vol. 71(4), pages 1001-1026.
  2. Cinnirella, Francesco & Hornung, Erik, 2013. "Landownership Concentration and the Expansion of Education," CEPR Discussion Papers 9730, C.E.P.R. Discussion Papers.
  3. Oded Galor, 2011. "Inequality, Human Capital Formation and the Process of Development," NBER Working Papers 17058, National Bureau of Economic Research, Inc.
  4. Galor, Oded & Zeira, Joseph, 1993. "Income Distribution and Macroeconomics," Review of Economic Studies, Wiley Blackwell, vol. 60(1), pages 35-52, January.
  5. Oded Galor & Omer Moav, 2004. "Das Human Kapital: A Theory of the Demise of the Class Structure," GE, Growth, Math methods 0410003, EconWPA.
  6. Oded Galor, 2005. "Unified Growth Theory," Development and Comp Systems 0504001, EconWPA.
  7. Galor, Oded & Moav, Omer & Vollrath, Dietrich, 2008. "Inequality in Land Ownership, the Emergence of Human Capital Promoting Institutions and the Great Divergence," CEPR Discussion Papers 6751, C.E.P.R. Discussion Papers.
  8. 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.
  9. 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.
  10. 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.
  11. 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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