Institutions And Productivity In History
AbstractThe argument of this essay is that productivity increases result from both improvements in human organization and from technological developments. Indeed it is probably true that the former is as important as the latter in economic growth. In the following sections I first lay out the theoretical justification for this arguement (I), then explore some of the key institutional changes in history that have laid the foundation for modern economic growth (II), explore the interplay between institutional and technological changes in the past 150 years,the era of the 2nd economic revolution (III), discuss the institutional and transaction cost changes that have characterized that revolution (IV) and conclude with some implications and questions that this analysis poses for future productivity change and economic growth (V).
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by EconWPA in its series Economic History with number 9411003.
Date of creation: 22 Nov 1994
Date of revision:
Note: ascii text, PostScript available, 6153 words
Contact details of provider:
Web page: http://126.96.36.199
Find related papers by JEL classification:
- N - Economic History
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Kathuria, Vinish & Seethamma Natarajan, Rajesh Raj & Sen, Kunal, 2010. "State business relations and manufacturing productivity growth in India," MPRA Paper 20314, University Library of Munich, Germany.
- Porta, Pier Luigi & Scazzieri, Roberto, 1997.
"Towards an economic theory of international civil society: Trust, trade and open government,"
Structural Change and Economic Dynamics,
Elsevier, vol. 8(1), pages 5-28, March.
- Pier Luigi Porta & Roberto Scazzieri, 1997. "Towards an Economic Theory of International Civil Society Trust, Trade and “Open Government”," Working Papers 03, University of Milano-Bicocca, Department of Economics, revised Apr 1997.
- Raquel FONSECA & Natalia UTRERO- GONZALEZ, 2005.
"Financial Development, Labor and Market Regulations and Growth,"
- Raquel Fonseca & Natalia Utrero-González, 2005. "Financial Development, Labor and Market Regulations and Growth," Working Paper 200503, Department of Business Economics, Universitat Autonoma de Barcelona.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA).
If references are entirely missing, you can add them using this form.