Long-term effects of deep institutional shocks: Historical evidence from Mexico
This paper examines the potential impact of institutional shocks on long-term development of property rights and on institutions regulating contracting. The paper seeks to demonstrate that the external institutional shocks might have an uncontemplated side-effect on the institutional development of...
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Language: | English |
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Elsevier
2024-01-01
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Online Access: | http://www.sciencedirect.com/science/article/pii/S2667319324000326 |
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author | Shai Dothan Mitja Kovac Rok Spruk |
author_facet | Shai Dothan Mitja Kovac Rok Spruk |
author_sort | Shai Dothan |
collection | DOAJ |
description | This paper examines the potential impact of institutional shocks on long-term development of property rights and on institutions regulating contracting. The paper seeks to demonstrate that the external institutional shocks might have an uncontemplated side-effect on the institutional development of Mexico. The analysis exploits the within-country variation in the presence of US administrative authorities during the Mexican-American conflict across Mexican states and cities. Using propensity score and nearest neighbour matching technique, we present some evidence of the potential long-term institutional implications of the presence of US administrative authorities. We show that the presence of US administrative authority generated an unexpected positive effect which could influence long-term property rights and contracting institutions of Mexican states. The positive impact of US administrative authorities’ presence are robust to a variety of specification checks and are particularly large for smaller cities. |
format | Article |
id | doaj-art-dd17063f608646e0a142ecc0fe4a527e |
institution | Kabale University |
issn | 2667-3193 |
language | English |
publishDate | 2024-01-01 |
publisher | Elsevier |
record_format | Article |
series | Journal of Government and Economics |
spelling | doaj-art-dd17063f608646e0a142ecc0fe4a527e2025-01-20T04:18:02ZengElsevierJournal of Government and Economics2667-31932024-01-0116100128Long-term effects of deep institutional shocks: Historical evidence from MexicoShai Dothan0Mitja Kovac1Rok Spruk2Associate Professor of International and Public Law, Jean Monnet Chair in EU Law & Politics, University of Copenhagen Faculty of Law affiliated with iCourts—Centre of Excellence for International Courts, DenmarkProfessor of Law Economics, School of Economics and Business, University of Ljubljana, SloveniaAssociate Professor of Economics, School of Economics and Business, University of Ljubljana, Slovenia; Research Fellow, Business School, University of Western Australia, Perth, Australia; Corresponding author.This paper examines the potential impact of institutional shocks on long-term development of property rights and on institutions regulating contracting. The paper seeks to demonstrate that the external institutional shocks might have an uncontemplated side-effect on the institutional development of Mexico. The analysis exploits the within-country variation in the presence of US administrative authorities during the Mexican-American conflict across Mexican states and cities. Using propensity score and nearest neighbour matching technique, we present some evidence of the potential long-term institutional implications of the presence of US administrative authorities. We show that the presence of US administrative authority generated an unexpected positive effect which could influence long-term property rights and contracting institutions of Mexican states. The positive impact of US administrative authorities’ presence are robust to a variety of specification checks and are particularly large for smaller cities.http://www.sciencedirect.com/science/article/pii/S2667319324000326C31D74N16N46 |
spellingShingle | Shai Dothan Mitja Kovac Rok Spruk Long-term effects of deep institutional shocks: Historical evidence from Mexico Journal of Government and Economics C31 D74 N16 N46 |
title | Long-term effects of deep institutional shocks: Historical evidence from Mexico |
title_full | Long-term effects of deep institutional shocks: Historical evidence from Mexico |
title_fullStr | Long-term effects of deep institutional shocks: Historical evidence from Mexico |
title_full_unstemmed | Long-term effects of deep institutional shocks: Historical evidence from Mexico |
title_short | Long-term effects of deep institutional shocks: Historical evidence from Mexico |
title_sort | long term effects of deep institutional shocks historical evidence from mexico |
topic | C31 D74 N16 N46 |
url | http://www.sciencedirect.com/science/article/pii/S2667319324000326 |
work_keys_str_mv | AT shaidothan longtermeffectsofdeepinstitutionalshockshistoricalevidencefrommexico AT mitjakovac longtermeffectsofdeepinstitutionalshockshistoricalevidencefrommexico AT rokspruk longtermeffectsofdeepinstitutionalshockshistoricalevidencefrommexico |