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Institutional Logics and Economic Development in Latin America

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This research questions how institutional logics shape and change through the event sequencing of institutional reforms. Literature reviewed on sequences of social events underspecifies the enchainment of events, i.e., the set of social processes that both links events and also renders the sequence meaningful beyond summing its individual events. My key argument is that, for an event sequence, its set of enchaining social processes (utility, power, and legitimacy) not only links and renders events meaningful, but also mutually constitutes conflict among its institutional logics. I then typologize change in degree of enchainment set conflict, i.e., as conflict among institutional-logic dimensions that both define, and are defined by the enchainment set (i.e., utility, power, and legitimacy). The research design employs comparative-historical event sequencing analysis of institutional market reforms to two Latin American state oil firms, Argentina’s YPF and Mexico’s Pemex. I analyze key political and regulatory events for their sequencing, including institutional-logic dimensions and change in enchainment set conflict. In each case, qualitative pattern matching of newspaper coverage of reforms reveals two primary, ideal-typical institutional logics. Findings of enchainment conflict analysis corroborate my typologies of institutional-logic dimension conflict and enchainment set change processes. Comparative-case discussion, of change processes in enchainment conflict, extends previous theorizing on organizational responses to multiple institutional logics, by specifying (a) how the dimensions of institutional logics define utility, power, and legitimacy, i.e., as the conflicting enchainment set processes in event sequences; and (b) how enchainment set conflict itself changes with prominence in institutional-logic dimensions.

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