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Formal and Informal Institutions and Development

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Author Info

  • Casson, Mark C.
  • Della Giusta, Marina
  • Kambhampati, Uma S.

Abstract

Summary Our paper presents a critical review of the literature on institutional change and the role of institutions in economic development. We discuss the roles and interrelationships of formal and informal institutions and introduce a collection of papers addressing this topic in a variety of development settings.

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Bibliographic Info

Article provided by Elsevier in its journal World Development.

Volume (Year): 38 (2010)
Issue (Month): 2 (February)
Pages: 137-141

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Handle: RePEc:eee:wdevel:v:38:y:2010:i:2:p:137-141

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Web page: http://www.elsevier.com/locate/worlddev

Related research

Keywords: formal and informal institutions development intra-country studies;

References

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  1. Rafael Gomez & Eric Santor, 2001. "Membership has its privileges: the effect of social capital and neighbourhood characteristics on the earnings of microfinance borrowers," Canadian Journal of Economics, Canadian Economics Association, vol. 34(4), pages 943-966, November.
  2. Djankov, Simeon & La Porta, Rafael & Lopez-de-Silanes, Florencio & Shleifer, Andrei, 2001. "The Regulation of Entry," Working Paper Series rwp01-015, Harvard University, John F. Kennedy School of Government.
  3. Sashi Sivramkrishna & Ramakrushna Panigrahi, 2001. "An economic model of self-help groups: policy implications for banks and NGO initiatives," Journal of International Development, John Wiley & Sons, Ltd., vol. 13(8), pages 1119-1130.
  4. Dani Rodrick, 2003. "Growth Strategies," Economics working papers 2003-17, Department of Economics, Johannes Kepler University Linz, Austria.
  5. Chris Roche & Ben Rogaly, 1998. "Editorial: learning about learning on microfinance north and south," Journal of International Development, John Wiley & Sons, Ltd., vol. 10(6), pages 795-798.
  6. Jonathan Morduch, 1999. "The Microfinance Promise," Journal of Economic Literature, American Economic Association, vol. 37(4), pages 1569-1614, December.
  7. Edward Miguel & Paul Gertler & David I. Levine, 2005. "Does Social Capital Promote Industrialization? Evidence from a Rapid Industrializer," The Review of Economics and Statistics, MIT Press, vol. 87(4), pages 754-762, November.
  8. Philippe Aghion & Peter Howitt & David Mayer-Foulkes, 2004. "The Effects of Financial Development on Convergence: Theory and Evidence," DEGIT Conference Papers c009_021, DEGIT, Dynamics, Economic Growth, and International Trade.
  9. Robert E. Hall & Charles I. Jones, 1999. "Why Do Some Countries Produce So Much More Output per Worker than Others?," NBER Working Papers 6564, National Bureau of Economic Research, Inc.
  10. Daron Acemoglu & Simon Johnson & James A. Robinson, 2000. "The Colonial Origins of Comparative Development: An Empirical Investigation," NBER Working Papers 7771, National Bureau of Economic Research, Inc.
  11. Daron Acemoglu & Simon Johnson, 2003. "Unbundling Institutions," NBER Working Papers 9934, National Bureau of Economic Research, Inc.
  12. Marina Della Giusta, 2008. "A theory of trust based systems of intermediation," Cambridge Journal of Economics, Oxford University Press, vol. 32(1), pages 65-81, January.
  13. Lundberg, Shelly & Pollak, Robert A, 1994. "Noncooperative Bargaining Models of Marriage," American Economic Review, American Economic Association, vol. 84(2), pages 132-37, May.
  14. Shelly Lundberg & Robert Pollak, 2003. "Efficiency in Marriage," Review of Economics of the Household, Springer, vol. 1(3), pages 153-167, September.
  15. Schultz, T.P., 1990. "Testing The Neoclassical Model Of Family Labor Supply And Fertility," Papers 601, Yale - Economic Growth Center.
  16. Edward L. Glaeser & Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer, 2004. "Do Institutions Cause Growth?," Journal of Economic Growth, Springer, vol. 9(3), pages 271-303, 09.
  17. Rohini Pande & Christopher Udry, 2005. "Institutions and Development:A View from Below," Working Papers 928, Economic Growth Center, Yale University.
  18. Rodrik, Dani, 2000. "Institutions For High-Quality Growth: What They Are And How To Acquire Them," CEPR Discussion Papers 2370, C.E.P.R. Discussion Papers.
  19. Dobbelsteen, S. & Kooreman, P., 1997. "Financial management, bargaining and efficiency within the household: An empirical analysis," Open Access publications from Tilburg University urn:nbn:nl:ui:12-377569, Tilburg University.
  20. Mauro, Paolo, 1995. "Corruption and Growth," The Quarterly Journal of Economics, MIT Press, vol. 110(3), pages 681-712, August.
  21. Knack, Stephen & Keefer, Philip, 1997. "Does Social Capital Have an Economic Payoff? A Cross-Country Investigation," The Quarterly Journal of Economics, MIT Press, vol. 112(4), pages 1251-88, November.
  22. Clague, Christopher, et al, 1999. " Contract-Intensive Money: Contract Enforcement, Property Rights, and Economic Performance," Journal of Economic Growth, Springer, vol. 4(2), pages 185-211, June.
  23. Zhiqi Chen & Frances Woolley, 1999. "A Cournot-Nash Model of Family Decision Making," Carleton Economic Papers 99-13, Carleton University, Department of Economics, revised Oct 2001.
  24. Miguel, Edward & Gertler, Paul & Levine, David I, 2006. "Does Industrialization Build or Destroy Social Networks?," Economic Development and Cultural Change, University of Chicago Press, vol. 54(2), pages 287-317, January.
  25. Daron Acemoglu & Simon Johnson & James A. Robinson, 2002. "Reversal Of Fortune: Geography And Institutions In The Making Of The Modern World Income Distribution," The Quarterly Journal of Economics, MIT Press, vol. 117(4), pages 1231-1294, November.
  26. Paul Mosley & Marina Della Giusta, 1999. "A model of social capital and access to productive resources," Journal of International Development, John Wiley & Sons, Ltd., vol. 11(7), pages 921-934.
  27. Paxton, Julia & Graham, Douglas & Thraen, Cameron, 2000. "Modeling Group Loan Repayment Behavior: New Insights from Burkina Faso," Economic Development and Cultural Change, University of Chicago Press, vol. 48(3), pages 639-55, April.
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Citations

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Cited by:
  1. Neyapti, Bilin, 2013. "Modeling institutional evolution," Economic Systems, Elsevier, vol. 37(1), pages 1-16.
  2. Saurabh Arora & Marjolein C.J. Caniëls & Henny Romijn, 2010. "Emergence of a biofuel economy in Tanzania: Local developments and global connections from an institutional perspective," Working Papers 10-09, Eindhoven Center for Innovation Studies, revised Oct 2010.
  3. repec:rdg:wpaper:em-dp2010-02 is not listed on IDEAS
  4. Marina Della Giusta, 2010. "Social Capital and Economic Development," Economics & Management Discussion Papers em-dp2010-02, Henley Business School, Reading University.

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