Institutions, diseases, and economic progress: a unified framework
نویسندگان
چکیده
منابع مشابه
Institutions and Progress
Much of the research for this paper also connects with the work of the ESRC funded NEXSUS project coordinated by Peter Allen. I am particularly grateful to Richard Nelson and an anonymous referee for their constructive and helpful comments on a previous draft. An insistent theme in Richard Nelson's work is that of 'capitalism as an engine of progress'. In this paper I explore this idea through ...
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Those who analyze political institutions often employ broad labels. They refer to democracy or authoritarianism; presidential or parliamentary governments; or to systems of plurality or proportional representation. In this paper, I refrain from addressing politics at this level and adopt an approach that is far more micro-in perspective. The approach I take can be referred to as " neo-classical...
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Norms guide multi-agent systems away from being potentially anarchic towards a coordinated and collaborative society. Institutions provide an explicit, external representation of norms as well as the means to detect violations and other conditions. Each institution can be crafted individually to capture their designers’ goals, but this creates a challenge at higher levels of authority in guidin...
متن کاملEconomic structures, institutions and economic performance
1 Background Why are some countries rich and others poor? Since Solow (1956), the tentative answer has been differences in capital accumulation and technical change, but this was unsatisfactory since the theory failed to explain what accounts for these differences. Endogenous growth theories (Aghion and Howit 1992; Grossman and Helpman 1991; Romer 1990) emerged to answer the faithful call and a...
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ژورنال
عنوان ژورنال: Journal of Institutional Economics
سال: 2009
ISSN: 1744-1374,1744-1382
DOI: 10.1017/s1744137408001227