Institutional change
نویسندگان
چکیده
منابع مشابه
Institutional change in economic geography
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This paper compares some recent theoretical approaches to conceptualizing institutional change, in an effort to clarify areas of consensus and disagreement regarding the causes, process, and outcomes of institutional change. We do not attempt to build a “new” theory, and our survey is not intended to be comprehensive. Among the theories we discuss, some emphasize spontaneous evolutionary proces...
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This paper analyzes the impact of international trade on the quality of institutions, such as contract enforcement, property rights, or investor protection. It presents a model in which institutional differences play two roles: they create rents for some parties within the economy, and they are a source of comparative advantage in trade. Institutional quality is determined as an equilibrium of ...
متن کاملEndogenous dynamics of institutional change
A parsimonious set of mechanisms explains how and under which conditions behavioral deviations build into cascades that reshape institutional frameworks from the bottom up, even if institutional innovations initially conflict with the legally codified rules of the game. Specifically, we argue that this type of endogenous institutional change emerges from an interplay between three factors: the ...
متن کاملAn Economic Theory of Institutional Change: Induced and Imposed Change
This article draws on recent progress in economics—especially in the economics of information, property rights, transaction costs, induced innovations, household production, and the theory of the state—to analyze the functions and choices of social institutions, and to consider the mechanism of institutional change. My purpose is to show that institutions provide useful services and that instit...
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ژورنال
عنوان ژورنال: Academic Medicine
سال: 1999
ISSN: 1040-2446
DOI: 10.1097/00001888-199901001-00024