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JSTOR is a not-for-profit organization founded in 1995 to build trusted digital archives for scholarship. This article examines the relationship between capital marketdevelopmentand industrialstructureduring the early stages of industrialization. It argues that constraints placed on the formation of credit intermediariesinlatin america by poorly defined property rights and government regulatory policies produced greater Concentration in the Mexican and Brazilian cotton textile industries.

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api-26199628

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EN