Inequality in Landownership, the Emergence of Human-Capital Promoting Institutions, and the Great Divergence
提出土地所有权不平等阻碍了公共教育等促进人力资本制度的出现，从而影响从农业向工业经济转型的速度和性质，导致各国人均收入出现大分流。基于20世纪初美国数据的实证分析支持了这一理论。
This paper suggests that inequality in the distribution of landownership adversely affected the emergence of human-capital promoting institutions (<i>e.g.</i> public schooling), and thus the pace and the nature of the transition from an agricultural to an industrial economy, contributing to the emergence of the great divergence in income <i>per capita</i> across countries. The prediction of the theory regarding the adverse effect of the concentration of landownership on education expenditure is established empirically based on evidence from the beginning of the 20th century in the U.S.