Instituţii şi dezvoltare economică
AbstractThis 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 InfoArticle provided by Romanian Society for Economic Science, Revista OEconomica in its journal Revista OEconomica 04/2011.
Volume (Year): (2011)
Issue (Month): 04 (December)
institutional economics; institutions; economic development;
Find related papers by JEL classification:
- B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
- O43 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth
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