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Copyright of Realidad Economica is the property of Realidad Economica and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Revista de Economía (Universidad Autónoma de Yucatán) is the property of Universidad Autonoma de Yucatan, Facultad de Economia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This study documents that municipalities in central Mexico closer in the past to an agricultural estate (hacienda) are associated with higher literacy and lower poverty throughout the twentieth century than municipalities similar in other respects but farther from a hacienda. The results are robust to various specifications, neighbour matching analyses, and a placebo-type test. The complementarities between late-colonial haciendas in central Mexico and mining and trade appear to have set municipalities close to a hacienda on a distinct development path. The evidence points to local-scale economies in hacienda locations that coordinated new investments away from agriculture and towards the new industrial and commercial sectors. The twentieth-century land reform and the railroad play a small role in explaining hacienda legacy. Our findings highlight the role of landed estates as centres linking rural economic activity to the main colonial economic activities, mining and trade. [ABSTRACT FROM AUTHOR]

Copyright of Mercados y Negocios is the property of Universidad de Guadalajara, Centro Universitario de Ciencias Economico Administrativas and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)