This paper uses information on almost 5000 leases to arrive at estimates for the trends in current land values in County Armagh from 1730 to 1844. The estimates control for the length of the lease, the holding size, and the quality of land in the townland where the property was located, the last relying on information from the General Valuation of Ireland. They show growth in nominal rents up to the early 1770s, a plateau in the 1770s, 1780s and 1790s, an increase to the early 1810s, followed by a fall to the early 1820s and another plateau thereafter, stretching until the famine of the late 1840s. Taken together with information on wage and price trends, the new estimates show little change in real rents and negative total factor productivity growth from the 1780s to the 1830s.
|Tijdschrift||Agricultural History Review|
|Nummer van het tijdschrift||1|
|Status||Published - 1 jan 2013|