Success of Path Dependence Through Perpetuation of Failure During Reform
The primary purpose of this paper is to extend current debates about path dependence and to contribute to scholarship by addressing inadequately researched aspects of path dependence: the role of individuals in sustaining long-standing 'inefficient' institutions; the balance of 'path following' and 'path violation'; and path dependent resource utilisation, not resource allocation. These matters are illustrated through and discussed in the context of 'asset-stripping' and 'rent-seeking' in the 2000s and during the earlier, illegal privatisation of state-owned assets in 1990s Bulgaria.
Volume (Year): 15 (2010)
Issue (Month): 1 (March)
|Contact details of provider:|| Postal: Burton Street, Nottingham, NG1 4BU|
Web page: http://www.economicissues.org.uk
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Farrell, Joseph & Saloner, Garth, 1986. "Installed Base and Compatibility: Innovation, Product Preannouncements, and Predation," American Economic Review, American Economic Association, vol. 76(5), pages 940-955, December.
- Krassimira Kuneva, 2001. "Institutional Changes as a Driving Force for Structural Reforms in the Transforming Economies," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 77-89.
- Foray, Dominique, 1997. "The dynamic implications of increasing returns: Technological change and path dependent inefficiency," International Journal of Industrial Organization, Elsevier, vol. 15(6), pages 733-752, October.
- Ryszard Zukowski, 2004. "Historical path dependence, institutional persistence, and transition to market economy: The case of Poland," International Journal of Social Economics, Emerald Group Publishing, vol. 31(10), pages 955-973, Septembe.
- Arthur, W Brian, 1989. "Competing Technologies, Increasing Returns, and Lock-In by Historical Events," Economic Journal, Royal Economic Society, vol. 99(394), pages 116-131, March.
- Katz, Michael L & Shapiro, Carl, 1986. "Technology Adoption in the Presence of Network Externalities," Journal of Political Economy, University of Chicago Press, vol. 94(4), pages 822-841, August.
- Liebowitz, S J & Margolis, Stephen E, 1995.
"Path Dependence, Lock-in, and History,"
Journal of Law, Economics and Organization,
Oxford University Press, vol. 11(1), pages 205-226, April.
- Stephen E. Margolis & S.J. Liebowitz, "undated". "Path Dependence, Lock-in and History," Working Paper Series 10, North Carolina State University, Department of Economics.
- David, Paul A, 1985. "Clio and the Economics of QWERTY," American Economic Review, American Economic Association, vol. 75(2), pages 332-337, May.
- Ron Martin & Peter Sunley, 2006. "Path dependence and regional economic evolution," Journal of Economic Geography, Oxford University Press, vol. 6(4), pages 395-437, August.
When requesting a correction, please mention this item's handle: RePEc:eis:articl:110kasabov. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dan Wheatley)
If references are entirely missing, you can add them using this form.