000			02182cam a22003017 4500
001			w1200
003			NBER
005			20211020115303.0
006			m o d
007			cr cnu||||||||
008			210910s1983 mau fo 000 0 eng d
100	1		_aMargo, Robert A. _916032
245	1	0	_aAccumulation of Property by Southern Blacks Before World War I: _bCommentand Further Evidence / _cRobert A. Margo.
260			_aCambridge, Mass. _bNational Bureau of Economic Research _c1983.
300			_a1 online resource: _billustrations (black and white);
490	1		_aNBER working paper series _vno. w1200
500			_aSeptember 1983.
520	3		_aThe pace and pattern of wealth accumulation by Southern blacks in the period before World War I is of central importance to the historical evolution of black/white income differences. This paper extends recent work by Robert Higgs, who used data on assessed wealth for Georgia to study the temporal and cross-sectional variation in black wealth accumulation during the post-bellum era. Using similar data for five additional states, I show that one of Higgs' principal conclusions -- measured by tax assessments, blacks accumulated wealth more rapidly than whites -- is a general finding, but that the cross-sectional determinants of black wealth appear to have varied markedly across states. Issues of assessment ratio bias are also considered, and using data for one state, I demonstrate that failure to account for intrastate and race differences in assessment ratios may bias the cross-sectional findings and significantly overstate the true relative (black/white) growth rate of black wealth.
530			_aHardcopy version available to institutional subscribers
538			_aSystem requirements: Adobe [Acrobat] Reader required for PDF files.
538			_aMode of access: World Wide Web.
588	0		_aPrint version record
710	2		_aNational Bureau of Economic Research.
830		0	_aWorking Paper Series (National Bureau of Economic Research) _vno. w1200.
856	4	0	_uhttps://www.nber.org/papers/w1200
856			_yAcceso en línea al DOI _uhttp://dx.doi.org/10.3386/w1200
942			_2ddc _cW-PAPER
999			_c347376 _d305938