Macrohistory Seminar – Sheilagh Ogilvie (University of Cambridge). Was Domar Right? Serfdom and Factor Endowments in Bohemia.
Was Domar Right? Serfdom and Factor Endowments in Bohemia. Joint with Alexander Klein and Jeremy Edwards. Are institutions shaped by factor endowments? Labor-coercion institutions such as serfdom and slavery, which profoundly restricted economic growth, were ascribed by Domar to high land-labor ratios. But historical evidence appeared to refute this hypothesis. We...