{"id":2105,"date":"2020-05-14T11:11:05","date_gmt":"2020-05-14T10:11:05","guid":{"rendered":"http:\/\/blogs.kent.ac.uk\/economics\/?p=2105"},"modified":"2020-10-05T15:22:31","modified_gmt":"2020-10-05T14:22:31","slug":"was-domar-right-serfdom-and-factor-endowments-in-bohemia-accepted-for-the-econometric-societys-world-congress-2020","status":"publish","type":"post","link":"https:\/\/blogs.kent.ac.uk\/economics\/2020\/05\/14\/was-domar-right-serfdom-and-factor-endowments-in-bohemia-accepted-for-the-econometric-societys-world-congress-2020\/","title":{"rendered":"&#8216;Was Domar Right? Serfdom and Factor Endowments in Bohemia&#8217; accepted for the Econometric Society&#8217;s World Congress 2020."},"content":{"rendered":"<p><a href=\"https:\/\/www.kent.ac.uk\/economics\/people\/448\/www.kent.ac.uk\/economics\/people\/448\/klein-alexander\">Dr Alex Klein\u2019s<\/a> paper exploring causes of labour coercion in 18<sup>th<\/sup> century Bohemia, has been accepted for presentation at the Econometric Society\u2019s World Congress 2020 chosen from 2,871 global submissions.<\/p>\n<p>The World Congress will still go ahead this August, albeit online, and Klein said he is &#8216;chuffed to bits&#8217; to be presenting his paper there.<\/p>\n<p>\u201cSerfdom was the most important institutional arrangement in Eastern Europe,\u201d he explains \u00a0\u201cshaping every aspect of life, and since I grew up in that part of the world, I wanted to know more about it.\u201d<\/p>\n<p>Most labour transactions in history were based on coercion in a sense that force of the threat of force was used to \u2018convince\u2019 workers to accept employment. Domar\u2019s famous hypothesis (1970) posits that serfdom was caused by factor endowments, specifically high land-labour ratios. This conjecture has stirred a long-lasting debate, and\u00a0despite all the theoretical work, quantitative empirical evidence is scarce, practically non-existent. Klein\u2019s research investigates empirically how the land-labour ratio affected labour coercion.<\/p>\n<p>\u201cWe find that where the land-labour ratio was higher, labour coercion was also higher which implies that\u00a0that factor proportions do indeed affect institutions.\u201d<\/p>\n<p>Read the full paper <a href=\"https:\/\/cepr.org\/active\/publications\/discussion_papers\/dp.php?dpno=12388\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dr Alex Klein\u2019s paper exploring causes of labour coercion in 18th century Bohemia, has been accepted for presentation at the Econometric Society\u2019s World Congress 2020 &hellip; <a href=\"https:\/\/blogs.kent.ac.uk\/economics\/2020\/05\/14\/was-domar-right-serfdom-and-factor-endowments-in-bohemia-accepted-for-the-econometric-societys-world-congress-2020\/\">Read&nbsp;more<\/a><\/p>\n","protected":false},"author":66395,"featured_media":2106,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[94129,70],"tags":[194550,176983,650,225060],"_links":{"self":[{"href":"https:\/\/blogs.kent.ac.uk\/economics\/wp-json\/wp\/v2\/posts\/2105"}],"collection":[{"href":"https:\/\/blogs.kent.ac.uk\/economics\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.kent.ac.uk\/economics\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/economics\/wp-json\/wp\/v2\/users\/66395"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/economics\/wp-json\/wp\/v2\/comments?post=2105"}],"version-history":[{"count":5,"href":"https:\/\/blogs.kent.ac.uk\/economics\/wp-json\/wp\/v2\/posts\/2105\/revisions"}],"predecessor-version":[{"id":2163,"href":"https:\/\/blogs.kent.ac.uk\/economics\/wp-json\/wp\/v2\/posts\/2105\/revisions\/2163"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/economics\/wp-json\/wp\/v2\/media\/2106"}],"wp:attachment":[{"href":"https:\/\/blogs.kent.ac.uk\/economics\/wp-json\/wp\/v2\/media?parent=2105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/economics\/wp-json\/wp\/v2\/categories?post=2105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.kent.ac.uk\/economics\/wp-json\/wp\/v2\/tags?post=2105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}