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- W3172828897 abstract "How can agricultural inheritance traditions affect structural change and economic development in rural areas? The most prominent historical traditions are primogeniture, where the oldest son inherits the whole farm, and equal partition, where land is split and each heir inherits an equal share. In this paper, we provide a theoretical model that links these inheritance traditions to the local allocation of labor and capital and to municipal development. First, we show that among contemporary municipalities in West Germany, equal partition is significantly related to measures of economic development. Second, we conduct OLS and fuzzy spatial RDD estimates for Baden-Wurttemberg in the 1950s and today. We find that inheritance rules caused, in line with our theoretical predictions, higher incomes, population densities, and industrialization levels in areas with equal partition. Results suggest that more than a third of the overall inter-regional difference in average per capita income in present-day Baden Wurttemberg, or 597 Euro, can be explained by equal partition." @default.
- W3172828897 created "2021-06-22" @default.
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- W3172828897 date "2019-01-01" @default.
- W3172828897 modified "2023-09-27" @default.
- W3172828897 title "The fetters of inheritance? Equal partition and regional economic development" @default.
- W3172828897 hasPublicationYear "2019" @default.
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