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Slave property rights yielded a source of collateral as well as a coerced labor force. Using data from Dun and … superiority of slave wealth as a source of collateral for credit rather than any advantage in production. The collateral dimension …
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Slave property rights yielded a source of collateral as well as a coerced labor force. Using data from Dun and … superiority of slave wealth as a source of collateral for credit rather than any advantage in production. The collateral dimension …
Persistent link: https://www.econbiz.de/10012456194
Enterprise creation, destruction, and evolution support the transition to modern economic growth, yet these processes are poorly understood in industrializing contexts. We investigate Imperial Russia's industrial development at the firm-level by examining entry, exit, and persistence of...
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plausibly exogenous source of variation in early industrialization across regions of nineteenth-century Prussia, capital …
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