In this paper we apply a model of early industrialization to the case of New Zealand and Uruguay in 1870-1940. We show how differences in agricultural institutions may have produced different development paths in two countries which were similar under many respects. While in New Zealand the...

The aim of this paper is to explain the impact of the establishment of the system of landownership on the income distribution and economic growth of settler economies (Argentina, Australia, New Zealand and Uruguay) during the First Globalization. We consider a conceptual framework based on the...

In the last ten years, economic historians have become increasingly interested in the effects of the first globalisation (1870 – 1914) on income distribution. It is thought that in regions of European settlement, with abundant land and a scarcity of workers, inequality increased over the...