Concentracion industrial, desarrollo del mercado de capitales y redes financieras basadas en el parentesco: un estudio comparado de Brasil, Mexico y los Estados Unidos, 1840–1930* (2.a parte)

Stephen H. Haber

Revista de Historia Económica / Journal of Iberian and Latin American Economic History, 1992, vol. 10, issue 2, 213-240

Abstract: This article examines the relationship between capital market development and industrial structure during the early stages of industrialization, contrasting the experiences of Brazil, Mexico, and the United States. It argues that the two constraints placed on the formation of credit intermediaries in Latin America, namely, poorly defined property rights and government regulatory policies, produced greater concentration in the Mexican and Brazilian cotton textile industries than that which developed in the United Stares.

Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:cup:reveco:v:10:y:1992:i:02:p:213-240_00

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