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Kentucky Wealth at the End of the Eighteenth Century

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  • Soltow, Lee

Abstract

The Kentucky tax lists from 1800 to 1860 permit a study of both the trend in per capita wealth and the change in the relative distribution of wealth in this strategic state from the time of its inception to the Civil War. Real wealth per capita is judged to have increased 2.4 percent a year from 1800 to 1840, and 2.8 percent from 1840 to 1860. Relative inequality remained roughly constant, with the Gini coefficient .80 in both 1800 and 1860 for adult free males. The number of properties held by various individuals was surprisingly unequal in distribution in 1800 and 1820.

Suggested Citation

  • Soltow, Lee, 1983. "Kentucky Wealth at the End of the Eighteenth Century," The Journal of Economic History, Cambridge University Press, vol. 43(3), pages 617-633, September.
    • Handle: RePEc:cup:jechis:v:43:y:1983:i:03:p:617-633_03
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    Cited by:

    1. Vito Ricci & Giacomo Zanibelli, 2021. "For a Multidimensional Measure of Land Inequality in 1930s Italy. A Historical-Statistical Analysis," Documentos de Trabajo (DT-AEHE) 2107, Asociación Española de Historia Económica.
    2. Stefania Galli & Klas Rönnbäck, 2021. "Land distribution and inequality in a black settler colony: the case of Sierra Leone, 1792–1831," Economic History Review, Economic History Society, vol. 74(1), pages 115-137, February.

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