@techreport{NBERw14107, title = "Making Property Productive: Reorganizing Rights to Real and Equitable Estates in Britain, 1660 to 1830", author = "Dan Bogart and Gary Richardson", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "14107", year = "2008", month = "June", URL = "http://www.nber.org/papers/w14107", abstract = {Between 1660 and 1830, Parliament passed thousands of acts restructuring rights to real and equitable estates. These estate acts enabled individuals and families to sell, mortgage, lease, exchange, and improve land previously bound by inheritance rules and other legal legacies. The loosening of these legal constraints facilitated the reallocation of land and resources towards higher-value uses. Data reveals correlations between estate acts, urbanization, and economic development during the decades surrounding the Industrial Revolution.}, }