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Author:Kantor, S. E.
Title:The economic and political determinants of fence reform in postbellum Georgia
Journal:Journal of Institutional and Theoretical Economics
1994 : SEP, VOL. 150:3, p. 486-510
Index terms:AGRICULTURAL POLICY
REGIONAL PLANNING
USA
Language:eng
Abstract:This article proposes and tests three general models to explain why Georgia politicians in the late ninteenth century enacted legislation that faciliated the adoption of an income-enhancing redefinition of property rights to land. The data reveal that legislators were not simply "captured" by economic elites, as some historians claim. Instead, the politicians voted for legislation that maximized their chances of political survival and that financially benefitted themself-advancement, Georgia legislators hindered agricultural development in the early postbellum period.
SCIMA record nr: 116244
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