Earlier versions of this paper were presented at a seminar at the Graduate Institute of Economics, Osaka University, in July 2006, and at the International Economic History Congress in Helsinki, in August 2006. I am very grateful for the comments received. The map was drawn by Mina Moshkeri (LSE).
LABOUR AND LAND IN GHANA, 1874–1939: A SHIFTING RATIO AND AN INSTITUTIONAL REVOLUTION
Article first published online: 6 FEB 2007
Australian Economic History Review
Volume 47, Issue 1, pages 95–120, March 2007
How to Cite
Austin, G. (2007), LABOUR AND LAND IN GHANA, 1874–1939: A SHIFTING RATIO AND AN INSTITUTIONAL REVOLUTION. Australian Economic History Review, 47: 95–120. doi: 10.1111/j.1467-8446.2006.00198.x
- Issue published online: 6 FEB 2007
- Article first published online: 6 FEB 2007
- Cited By
- factor market;
- factor ratio;
The Second Industrial Revolution created markets for new products for Ghana, rubber and then cocoa beans. Mechanised transport spurred the spread of cocoa planting. The paper estimates the resultant shift in factor ratios, and synthesises the data for prices of land-use rights and wages as the economy moved from land abundance to localised land scarcity. The consequences for factor markets were institutional rather than simply quantitative. For the first time markets in land use rights became widespread, while hired labour and farm pledging replaced slavery and debt bondage, as cocoa income made it possible for farmers to offer labourers sufficient inducement to enter the labour market.