The origins of the economy: a comparative study of distribution in primitive and peasant economies
New York: Academic Press • • Published In • Pages: ??•
By Pryor, Frederic L.
Hypothesis
The relative scarcity of certain factors of production play an important causal role in the presence or absence of market types (148).
Note
Credit markets appear when there are shortages of capital, and land rental markets appear when there are shortages of land.
| Test Name | Support | Significance | Coefficient | Tail |
|---|---|---|---|---|
| Multiple regression | Supported | UNKNOWN | UNKNOWN | UNKNOWN |