Transplanting Craft Guilds to Colonial Latin America: A Large Language Model Analysis

Niclas Griesshaber and Sheilagh Ogilvie

No 20556, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: What can we learn about institutional transplantation by analyzing craft guilds in colonial Latin America? We use large language models (LLMs) to investigate colonial guild ordinances, addressing two major bottlenecks in assessing institutions: digitizing qualitative sources efficiently and analyzing them quantitatively. Our newly designed methodology reveals both long-term continuities and striking differences between craft guilds in colonial Mexico and Peru, particularly with regard to human capital and product quality. The LLM-based approach identifies patterns that were previously not discernible using standard methods in economic history, its results are reproducible, and it can easily be extended to other historical settings.

Keywords: Institutions; Large Language Models (search for similar items in EconPapers)
JEL-codes: C55 C63 N46 N86 (search for similar items in EconPapers)
Date: 2025-08
References: Add references at CitEc
Citations:

Downloads: (external link)
https://cepr.org/publications/DP20556 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:20556

Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP20556

Access Statistics for this paper

More papers in CEPR Discussion Papers from Centre for Economic Policy Research 33 Great Sutton Street, London EC1V 0DX, UK.
Bibliographic data for series maintained by CEPR ().