South Carolina Slave Prices, 1722-1809

Based on data from several samples of probate inventories we construct and analyze a time series of slave prices for South Carolina from 1722 to 1809. These estimates reveal that prices fluctuated without trend prior to the 1760s and then began to rise rapidly, more than doubling by the early nineteenth century. Estimates of supply and demand functions indicate that while long-run slave supply was highly elastic, the short-run supply function was quite inelastic. Our analysis of the slave price series indicates that the price of rice was the major determinant of the demand for slaves and in turn largely explains the rise in slave prices. These findings have important

Economics · American Constitutional Law and Politics · Colonialism, slavery, and trade · Race, History, and American Society

• Riqueza e escravidão no nordeste paulista

  Open Access•Juliana Garavazo•2006

  Incluir item

• Black majority

  Imani Perry, Peter H Wood•Black majority•1974

  Incluir item

• Slave Prices in the Lower South, 1722-1815

  Peter Mancall, Joshua L Rosenbloom et al.•National Bureau of Economic…•2000

  Incluir item

• An Anxious Pursuit

  Carville Earle, Joyce E Chaplin•Journal of the Early Republic•1994

  Incluir item

• The Shadow of a Dream

  Daniel C Littlefield, Peter A Coclanis•Journal of the Early Republic•1989

  Incluir item

• Time in the Paddies

  Peter A Coclanis, Peter Coclanis et al.•Social Science History•1987

  Incluir item

• Time in the Paddies

  Open Access•Peter A Coclanis, Peter Coclanis et al.•Social Science History•1987

  Incluir item

• The British slave trade to Colonial South Carolina

  David Richardson•Slavery and Abolition•1991

  Incluir item

• The Frontier in the Colonial South

  Benjamin Turner Zeigler, George Lloyd Johnson et al.•The Journal of Southern History•1999

  Incluir item

• The Slave Trade and Sectionalism in South Carolina, 1787-1808

  Patrick S Brady•The Journal of Southern History•1972

  Incluir item

• Money and Exchange in Europe and America, 1600-1775

  Richard M Jellison, John J Mccusker•The Journal of Southern History•1978

  Incluir item

• Slave Sales in Colonial Charleston

  Kenneth Morgan•The English Historical Review•1998

  Incluir item

• Money and Exchange in Europe and America, 1600-1775

  N B Harte, John J Mccusker•The Economic History Review•1981

  Incluir item

• The British Trans-Atlantic Slave Trade 1650-1775

  Open Access•Richard Nelson Bean•The Journal of Economic History•1972

  Incluir item

• Tidal Rice Cultivation and the Problem of Slavery in South Carolina and Georgia, 1760-1815

  Joyce E Chaplin•The William and Mary Quarterly•1992

  Incluir item

• South Carolina and the Atlantic Economy in the Late Seventeenth and Eighteenth Centuries

  Open Access•Robert C Nash•The Economic History Review•1992

  Incluir item