TY - JOUR AU - Alston,Lee AU - Mattiace,Shannan AU - Nonnenmacher,Tomas TI - Coercion, Culture and Debt Contracts: The Henequen Industry in Yucatan, Mexico, 1870-1915 JF - National Bureau of Economic Research Working Paper Series VL - No. 13852 PY - 2008 Y2 - March 2008 UR - http://www.nber.org/papers/w13852 L1 - http://www.nber.org/papers/w13852.pdf N1 - Author contact info: Lee J. Alston Institutions Program Institute of Behavioral Science Department of Economics University of Colorado at Boulder Boulder, CO 80309-0483 Tel: 303/492-4257 Fax: 303/492 2151 E-Mail: Lee.Alston@colorado.edu Shannan Mattiace Department of Political Science Allegheny College Meadville PA 16335 E-Mail: shannan.mattiace@allegheny.edu Tomas Nonnenmacher Department of Economics Allegheny College Meadville PA 16335 E-Mail: tnonnenm@allegheny.edu AB - While most contemporary historians agree that the use of debt peonage as a coercive labor contract in Mexico was not widespread, scholars still concur that it was important and pervasive in Yucatan state during the henequen boom of the late 19th and early 20th centuries. The henequen boom concurred with the long rule of Porfirio Díaz (1876-1910), under whose watch property rights were reallocated through land laws, and Mexico’s economy became much more closely tied to the United States. In the Yucatan, the accumulation of debts by peons rose as hacendados sought to attract and bond workers to match the rising U.S. demand for twine. We examine the institutional setting in which debt operated and analyze the specific functions of debt: who got it, what form it took, and why it varied across workers. We stress the formal and informal institutional contexts within which hacendados and workers negotiated contracts. ER -