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Instituţii şi dezvoltare economică

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Author Info

  • Marinescu Cosmin

    (Academia de Studii Economice din Bucureşti)

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    Abstract

    This study aims to give the general frame of scientific research on transaction costs and economic performance, in fact the institutional economics field, emphasizing the necessity of rethinking the neoclassical theory. Recent research on institutions and development proves that, by reducing transaction costs, the institutions protecting property rights are decisive for economic development.

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    Bibliographic Info

    Article provided by Romanian Society for Economic Science, Revista OEconomica in its journal Revista OEconomica 04/2011.

    Volume (Year): (2011)
    Issue (Month): 04 (December)
    Pages:

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    Handle: RePEc:oen:econom:y:2011:i:04:id:311

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    Web page: http://oeconomica.org.ro/
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    Related research

    Keywords: institutional economics; institutions; economic development;

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