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Antebellum critics of slavery argued that it was responsible for the relative inefficiency of free southern farms. We examine this issue, employing a stochastic production function, which allows us to distinguish between technological superiority and technical inefficiency, and controlling for...
Persistent link: https://www.econbiz.de/10013237603
Persistent link: https://www.econbiz.de/10009741210
Between 1800 and 1860, mean adult stature of (U.S.) white males declined by nearly an inch, while real output grew substantially, creating the “Antebellum Puzzle.” In contrast, male slaves did not experience a comparable decrease in heights. To explain this puzzle within a puzzle, we show...
Persistent link: https://www.econbiz.de/10010643036
Antebellum critics of slavery argued that it was responsible for the relative inefficiency of free southern farms. We examine this issue, employing a stochastic production function, which allows us to distinguish between technological superiority and technical inefficiency, and controlling for...
Persistent link: https://www.econbiz.de/10012473338