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Economic consequences of state failure; legal capacity, regulatory activity, and market integration in Poland, 1505-1772

Malinowski, Mikołaj LU (2019) In Journal of Economic History 79(3). p.862-896
Abstract
With use of innovative proxies and new annual data, I demonstrate that relatively high legal capacity and regulatory activity of the early-modern Polish parliament, the Seym, was positively associated with deeper domestic commodity market integration. Conversely, the lack of effective law-making, caused by the right of a single delegate to discontinue the Seym's sessions, fostered market fragmentation. This indicates that early parliamentary regimes required legal capacity to harmonize domestic institutions and reduce the transaction costs. The Polish case suggests a hypothesis that the pre-1800 "Little Divergence" between European parliamentary regimes could be explained by differences in their governments' capacities.
Please use this url to cite or link to this publication:
author
organization
publishing date
type
Contribution to journal
publication status
published
subject
in
Journal of Economic History
volume
79
issue
3
pages
862 - 896
publisher
Cambridge University Press
external identifiers
  • scopus:85069211610
ISSN
0022-0507
DOI
10.1017/S0022050719000330
language
English
LU publication?
yes
id
1d897e6e-fbe1-4a99-8e22-194a65582947
date added to LUP
2019-03-05 14:18:01
date last changed
2022-04-25 21:26:34
@article{1d897e6e-fbe1-4a99-8e22-194a65582947,
  abstract     = {{With use of innovative proxies and new annual data, I demonstrate that relatively high legal capacity and regulatory activity of the early-modern Polish parliament, the Seym, was positively associated with deeper domestic commodity market integration. Conversely, the lack of effective law-making, caused by the right of a single delegate to discontinue the Seym's sessions, fostered market fragmentation. This indicates that early parliamentary regimes required legal capacity to harmonize domestic institutions and reduce the transaction costs. The Polish case suggests a hypothesis that the pre-1800 "Little Divergence" between European parliamentary regimes could be explained by differences in their governments' capacities.}},
  author       = {{Malinowski, Mikołaj}},
  issn         = {{0022-0507}},
  language     = {{eng}},
  number       = {{3}},
  pages        = {{862--896}},
  publisher    = {{Cambridge University Press}},
  series       = {{Journal of Economic History}},
  title        = {{Economic consequences of state failure; legal capacity, regulatory activity, and market integration in Poland, 1505-1772}},
  url          = {{http://dx.doi.org/10.1017/S0022050719000330}},
  doi          = {{10.1017/S0022050719000330}},
  volume       = {{79}},
  year         = {{2019}},
}