Las instituciones como factor que regula el desempeño económico
AbstractThere has recently been a resurgence of interest in how institutions affect economic performance. A review of this literature reveals that the concept of an ‘institution’ means different things to different scholars, both within economics and across the social sciences. This paper discusses what factors unify the different definitions of institutions, and develops a concept of institutions useful for the analysis of economic performance, and economic growth in particular. Specifically, it develops the notion of institutions as standard ‘social technologies’. Economic growth results from the co-evolution of physical and social technologies.
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Bibliographic InfoArticle provided by Universidad Externado de Colombia - Facultad de Economía in its journal Revista de Economía Institucional.
Volume (Year): 3 (2001)
Issue (Month): 5 (July-December)
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More information through EDIRC
institutions; economic growth; rutines; social technologies; physical technologies;
Find related papers by JEL classification:
- B30 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - General
- B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
- K00 - Law and Economics - - General - - - General (including Data Sources and Description)
- L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
- O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
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