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Fundamentele Institutionale Ale Performantei Economice. Studiu De Sinteza

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  • Marinescu, Cosmin

    (Romanian Academy, National Institute of Economic Research)

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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. It is going to emphasize the necessity of rethinking the neoclassical theory through the institutional approach within development economics. As an implicit objective, the analyse is trying to outline the methodological and analytical frame useful for explaining the institutional dimension of transaction costs and their importance for institutional reforms. The recent scientific research on institutions and economic development proves that, by reducing transaction costs, the institutions that protect the property rights are decisive for economic development.

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    File URL: http://www.studii-economice.ro/2011/seince111208.pdf
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    Bibliographic Info

    Paper provided by National Institute of Economic Research in its series Studii Economice with number 111208.

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    Length: 31 pages
    Date of creation: Dec 2011
    Date of revision:
    Handle: RePEc:ror:seince:111208

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    Postal: Bucure┼čti, Calea 13 Septembrie nr. 13
    Phone: 004 021 4103231
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    Web page: http://www.ince.ro/
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    Related research

    Keywords: Institutional Economics; Institutions; Transaction Costs; Economic Performance;

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