TY  - JOUR
AU  - Bogart,Dan
AU  - Richardson,Gary
TI  - Making Property Productive: Reorganizing Rights to Real and Equitable Estates in Britain, 1660 to 1830
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 14107
PY  - 2008
Y2  - June 2008
UR  - http://www.nber.org/papers/w14107
L1  - http://www.nber.org/papers/w14107.pdf
N1  - Author contact info:
Daniel Bogart
Department of Economics
3151 Social Science Plaza
University of Irvine
Irvine, CA 92697-5100
Tel: 949-824-3191
E-Mail: dbogart@uci.edu

Gary Richardson
Department of Economics
University of California, Irvine
3155 Social Sciences Plaza
Irvine, CA 92697-5100
Tel: 949/824-3189
Fax: 949/824-2182
E-Mail: garyr@uci.edu
AB  - 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.
ER  -