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Hardcover State Per-Capita Income Change Since 1950: Sharecropping's Collapse and Other Causes of Convergence Book

ISBN: 0313296944

ISBN13: 9780313296949

State Per-Capita Income Change Since 1950: Sharecropping's Collapse and Other Causes of Convergence

This book refutes prevailing theories that attribute post-1950 state per capita income convergence to (1) neo-classical adjustment mechanisms, (2) institutional sclerosis, and (3) southern industrialization. Wheat and Crown argue that southern income was low because of slavery's legacy--sharecropping, agricultural dependence, low urbanization, poor education, high Black population percentages, and low wage rates. The legacy's dominant feature was...

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Format: Hardcover

Condition: New

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