Institutional Change And American Economic Growth
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Author | : L. E. Davis |
Publisher | : CUP Archive |
Total Pages | : 304 |
Release | : 1971-09-24 |
Genre | : Business & Economics |
ISBN | : 9780521081115 |
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This book presents a model for examining problems of institutional change and applies it to American economic development in the nineteenth and twentieth centuries. The authors develop their model of institutional change. They argue that if external economic factors make an increase in income possible but not attainable within the existing institutional structure, new organizations must be developed to achieve the potential in income. Their model is designed to explain the type and timing of these necessary changes in institutional organization. Individual, voluntary cooperative, and governmental arrangements are included in the discussion, although the latter differs considerably from the first two.
Author | : Douglass C. North |
Publisher | : Cambridge University Press |
Total Pages | : 164 |
Release | : 1990-10-26 |
Genre | : Political Science |
ISBN | : 9780521397346 |
Download Institutions, Institutional Change and Economic Performance Book in PDF, Epub and Kindle
An analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies is developed in this analysis of economic structures.
Author | : Lance Edwin Davis |
Publisher | : |
Total Pages | : 282 |
Release | : 1971 |
Genre | : Economics |
ISBN | : 9780608122250 |
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Author | : Douglass Cecil North |
Publisher | : |
Total Pages | : 58 |
Release | : 1969 |
Genre | : United States |
ISBN | : |
Download Institutional Change and American Economic Growth Book in PDF, Epub and Kindle
Author | : Douglass C. North |
Publisher | : Cambridge University Press |
Total Pages | : 231 |
Release | : 1990-10-26 |
Genre | : Political Science |
ISBN | : 1139642960 |
Download Institutions, Institutional Change and Economic Performance Book in PDF, Epub and Kindle
Continuing his groundbreaking analysis of economic structures, Douglass North develops an analytical framework for explaining the ways in which institutions and institutional change affect the performance of economies, both at a given time and over time. Institutions exist, he argues, due to the uncertainties involved in human interaction; they are the constraints devised to structure that interaction. Yet, institutions vary widely in their consequences for economic performance; some economies develop institutions that produce growth and development, while others develop institutions that produce stagnation. North first explores the nature of institutions and explains the role of transaction and production costs in their development. The second part of the book deals with institutional change. Institutions create the incentive structure in an economy, and organisations will be created to take advantage of the opportunities provided within a given institutional framework. North argues that the kinds of skills and knowledge fostered by the structure of an economy will shape the direction of change and gradually alter the institutional framework. He then explains how institutional development may lead to a path-dependent pattern of development. In the final part of the book, North explains the implications of this analysis for economic theory and economic history. He indicates how institutional analysis must be incorporated into neo-classical theory and explores the potential for the construction of a dynamic theory of long-term economic change. Douglass C. North is Director of the Center of Political Economy and Professor of Economics and History at Washington University in St. Louis. He is a past president of the Economic History Association and Western Economics Association and a Fellow, American Academy of Arts and Sciences. He has written over sixty articles for a variety of journals and is the author of The Rise of the Western World: A New Economic History (CUP, 1973, with R.P. Thomas) and Structure and Change in Economic History (Norton, 1981). Professor North is included in Great Economists Since Keynes edited by M. Blaug (CUP, 1988 paperback ed.)
Author | : Ha-Joon Chang |
Publisher | : Anthem Press |
Total Pages | : 327 |
Release | : 2007-11-15 |
Genre | : Business & Economics |
ISBN | : 0857286978 |
Download Institutional Change and Economic Development Book in PDF, Epub and Kindle
‘Institutional Change and Economic Development’ discusses not just theoretical issues but a diverse range of real-life institutions – political, bureaucratic, fiscal, financial, corporate, legal, social and industrial – in the context of dozens of countries across time and space, spanning Britain, Switzerland and the USA in the past to Botswana, Brazil, and China today.
Author | : Lance E. Davis |
Publisher | : |
Total Pages | : 283 |
Release | : 1971 |
Genre | : |
ISBN | : |
Download Institutional Change and American Economic Growth, By Lance E. Davis , Douglass C. North, with the Assistance of Calla Morodin Book in PDF, Epub and Kindle
Author | : Stanley L. Engerman |
Publisher | : Cambridge University Press |
Total Pages | : 449 |
Release | : 2012 |
Genre | : Business & Economics |
ISBN | : 1107009553 |
Download Economic Development in the Americas Since 1500 Book in PDF, Epub and Kindle
Examines differences in the rates of economic growth in Latin America and mainland North America since the seventeenth century.
Author | : Allan Hynes |
Publisher | : |
Total Pages | : 0 |
Release | : 1969 |
Genre | : Economic development |
ISBN | : |
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Author | : Lee J. Alston |
Publisher | : Cambridge University Press |
Total Pages | : 380 |
Release | : 1996-07-28 |
Genre | : Business & Economics |
ISBN | : 9780521557436 |
Download Empirical Studies in Institutional Change Book in PDF, Epub and Kindle
Empirical Studies in Institutional Change is a collection of nine empirical studies by fourteen scholars. Dealing with issues ranging from the evolution of secure markets in seventeenth-century England to the origins of property rights in airport slots in modern America, the contributors analyse institutions and institutional change in various parts of the world and at various periods of time. The volume is a contribution to the new economics of institutions, which emphasises the role of transaction costs and property rights in shaping incentives and results in the economic arena. To make the papers accessible to a wide audience, including students of economics and other social sciences, the editors have written an introduction to each study and added three theoretical essays to the volume, including Douglass North's Nobel Prize address, which reflect their collective views as to the present status of institutional analysis and where it is headed.