Search

This article evaluates the high-profile claim that enslaved African-Americans produced over 50 percent of US national product in the pre-Civil War period. The accounting exercise shows the fraction was closer to (and indeed likely slightly below) the share of the population, that is, about 12.6 percent in 1860. The enslaved population had higher rates of labor force participation, but they were also forced to work in sectors–agriculture and domestic service—with below average output per worker. The economic surplus generated by the enslaved was due chiefly to the low value of the very basic consumption bundle provided rather than to exceptionally high values of production per capita. [ABSTRACT FROM AUTHOR]

Abstract This paper provides the first quantitative assessment of colonial Jamaican real incomes and income inequality. We collect local prices to construct cost of living and purchasing power parity indicators. The latter lowers Jamaica's GDP per capita compared with the rest of the Atlantic economy. We also compute welfare ratios for a range of occupations and build a social table. We find that, being a net food importer, the slave colony had extremely high living costs, which rose steeply during the American War of Independence, and low standards of living, particularly for its enslaved population, but also for the free unskilled population that competed with slave labor. Our results also show that due to its extreme poverty for the many in the middle of great wealth for the few, Jamaica was the most unequal place yet studied in the pre-modern world. Furthermore, all of these characteristics applied to the free population alone. [ABSTRACT FROM AUTHOR]

When the enslaved were emancipated across the British Empire in 1834, slave-owners received cash compensation, and four years of unpaid labour as the former slaves became apprentices. In the Cape Colony, appraisers assigned a value to the former slaves. To investigate this, we transcribed 37,411 valuation records to compile a novel emancipation dataset. This gives us a new picture of the enslaved population in the Cape at the time of the emancipation. Some of our findings, for example that slaves from south-east Asia were assigned lower valuations than Cape-born slaves, are in contrast to those of an earlier literature. To distinguish between what the former slave-owners should have received and what they actually received, we matched the valuation records to the compensation claims. We argue that the uneven allocation of compensation had important implications for the distribution of capital after emancipation. [ABSTRACT FROM AUTHOR]