The Limited Partnership in New York, 1822–1858: Partnerships Without Kinship
研究了1822年纽约成为首个允许有限合伙的普通法州后，该形式在19世纪纽约市的使用情况，发现有限合伙比普通合伙资本更多、失败率更低、成员间亲属关系更少，表明它促进了原本不会发生的投资。
In 1822 New York became the first of many common law states to authorize the formation of limited partnerships. Little is known about the effects of these statutes. This article analyzes the use of the limited partnership in nineteenth-century New York City. We find that the form was adopted by a surprising number of firms, and that limited partnerships had more capital, failed at lower rates, and had fewer members with kinship ties, compared to ordinary partnerships. The results suggest that the introduction of the limited partnership facilitated investments that would not have occurred in the absence of the form.