The Southern Economy

Abstract:     
This essay surveys some of the key themes in Southern economic history and traces the development of the region through the colonial and revolutionary eras, the antebellum period, the Civil War and Reconstruction, the post-bellum period, and the modern period. In particular, I highlight the findings of economic historians on the economics of slavery and focus on the development of Southern institutions in light of the antebellum slave society. The resurgence of the Southern economy is examined in light of recent hypotheses about technological change, policy, and productivity growth.

Keywords: South, slavery, institutions, development, economic history

JEL Classification: N11, N12, N31, N32, N41, N42, N91, N92

working papers series