{"title":"Moderate opulence: the evolution of wealth inequality in Mexico in its first century of independence","authors":"Diego Castañeda Garza","doi":"10.1016/j.eeh.2023.101567","DOIUrl":null,"url":null,"abstract":"<div><p>This article presents the first complete 19<sup>th</sup>-century reconstruction of the Mexican wealth distribution, from independence to the Mexican Revolution. It uses an often underutilized source in Mexican historiography: will inventories/protocols. In addition, the present article estimates the levels and trends of historical wealth inequality using five different methods, among them the application of the properties of two theoretical parametric distributions to the measurement of historical inequality. The dynamics of wealth inequality in 19<sup>th</sup> century Mexico were dominated by the top 1% and the middle 40% of the wealth distribution; meanwhile, the top 10% and bottom 50% demonstrate remarkable stability. This article makes significant contributions through two primary avenues: firstly, the reconstruction of historical wealth inequality, and secondly, the analysis of historical developments in the context of their potential impact on the distribution of wealth within a dynamic political economy environment.</p><p>N36, D31, I32, H20.</p></div>","PeriodicalId":47413,"journal":{"name":"Explorations in Economic History","volume":"92 ","pages":"Article 101567"},"PeriodicalIF":2.6000,"publicationDate":"2023-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S001449832300061X/pdfft?md5=908628f9f6d678f757c20dee50dfdb39&pid=1-s2.0-S001449832300061X-main.pdf","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Explorations in Economic History","FirstCategoryId":"98","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S001449832300061X","RegionNum":1,"RegionCategory":"历史学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
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Abstract
This article presents the first complete 19th-century reconstruction of the Mexican wealth distribution, from independence to the Mexican Revolution. It uses an often underutilized source in Mexican historiography: will inventories/protocols. In addition, the present article estimates the levels and trends of historical wealth inequality using five different methods, among them the application of the properties of two theoretical parametric distributions to the measurement of historical inequality. The dynamics of wealth inequality in 19th century Mexico were dominated by the top 1% and the middle 40% of the wealth distribution; meanwhile, the top 10% and bottom 50% demonstrate remarkable stability. This article makes significant contributions through two primary avenues: firstly, the reconstruction of historical wealth inequality, and secondly, the analysis of historical developments in the context of their potential impact on the distribution of wealth within a dynamic political economy environment.
期刊介绍：
Explorations in Economic History provides broad coverage of the application of economic analysis to historical episodes. The journal has a tradition of innovative applications of theory and quantitative techniques, and it explores all aspects of economic change, all historical periods, all geographical locations, and all political and social systems. The journal includes papers by economists, economic historians, demographers, geographers, and sociologists. Explorations in Economic History is the only journal where you will find "Essays in Exploration." This unique department alerts economic historians to the potential in a new area of research, surveying the recent literature and then identifying the most promising issues to pursue.
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