Figure 15 average real daily wages in obrajes using 5

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Unformatted text preview: Decline and Real Wages in Mexico, 1530-1650,” Work in Progress. Figure 15 Average Real Daily Wages In Obrajes (Using 5-year price averages) 0.14 0.12 0.08 0.06 0.04 Source: Own Calculations based on Borah and Cook (1958), Gibson (1964) and Viqueira and Urquiola (1990) 0.02 Year Lower Range Medium Range Maximum Range 1633 1631 1629 1627 1625 1623 1621 1619 1617 1615 1613 1611 1609 1607 1605 1603 1601 1599 1597 1595 1593 1591 1589 1587 1585 1583 1581 1579 1577 1575 1573 1571 1569 1567 0 1565 Fanegas of Maize 0.1 Why didn’ Real Wages rise in Mexico? t We have data from two sources. One if the Repartimiento which was a system of central labor allocation. Spaniards who wanted labor had to petition the Viceroy who would allocate Amerindian workers and determine the nominal wage they would be paid. We also have data from labor contracts in textile obrajes. In both cases it seems that a great deal of coercion was used to repress wages and at least in the case of the repartimiento, the centralized nature of the system possibly stopped the type of ‘ enticement’which undermined the intent of the Statut...
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This document was uploaded on 02/28/2014 for the course ECON 2328 at Harvard.

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