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To what extent were land markets the cause of Spanish agrarian backwardness? To address this unresolved issue, this paper uses new provincial data on average real land prices, together with a province-level variation in land productivity, to analyze the efficiency of land markets. Specifically,...
Persistent link: https://www.econbiz.de/10010600436
Persistent link: https://www.econbiz.de/10005100261
Economic rather than political forces appear to dominate inequality trends in Spain. Inequality evolution fits a Kuznets curve. Wars increased inequality but had non-permanent effects, while progressive taxation had no impact until 1980, at odds with Atkinson, Piketty, Saez and associates'...
Persistent link: https://www.econbiz.de/10005406857