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Instituţii şi dezvoltare economică

Author

Listed:
  • Marinescu Cosmin

    (Academia de Studii Economice din Bucureşti)

Abstract

This 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.

Suggested Citation

  • Marinescu Cosmin, 2011. "Instituţii şi dezvoltare economică," Revista OEconomica, Romanian Society for Economic Science, Revista OEconomica, issue 04, December.
  • Handle: RePEc:oen:econom:y:2011:i:04:id:311
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    More about this item

    Keywords

    institutional economics; institutions; economic development;

    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, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

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