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Los Mercados de Instituciones y las Instituciones Endógenas

  • Carlos Esteban Posada P.


En este documento se hace énfasis en dos consideraciones que en el medio colombiano usualmente permanecen ocultas : a) no todas las instituciones que tienen importancia económica pueden considerarse exógenas con respecto al desenvolvimiento de largo plazo de la sociedad y, por tanto, causas básicas de éste y "variables de control" de un deux ex machina ; algunas, por el contrario, deben considerarse endógenas : más que causas del desarrollo (o del atraso) son su consecuencia ; b) las instituciones de importancia económica, aún si no son causadas de manera automática por el proceso de desarrollo, podrían considerarse endógenas en el siguiente sentido : su ausencia o presencia y sus alcances son susceptibles de ser entendidos y analizados en los términos usuales de la teoría económica, esto es como "mercancías" cuya oferta debe enfrentar una demanda social ; más aún, tales "mercados" pueden tener equilibrios inestables y, entonces, exhibir una tendencia inherente al cambio. Así, este escrito se inscribe dentro de la tradición de la Economía clásica (vieja y nueva) y es ajeno al enfoque institucionalista, que hace énfasis en el carácter exógeno y determinante de las instituciones y del cambio institucional.

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Paper provided by BANCO DE LA REPÚBLICA in its series BORRADORES DE ECONOMIA with number 003174.

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Length: 16
Date of creation: 30 Nov 1997
Date of revision:
Handle: RePEc:col:000094:003174
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  1. Jaime Jaramillo & Adolfo Meisel & Miguel Urrutia, . "Continuities and Discontinuites in the Fiscal and Monetary Institucions of New Granada 1783-1850," Borradores de Economia 074, Banco de la Republica de Colombia.
  2. Isaac Ehrlich, 1996. "Crime, Punishment, and the Market for Offenses," Journal of Economic Perspectives, American Economic Association, vol. 10(1), pages 43-67, Winter.
  3. Overbye, Einar, 1996. "Democracy as Insurance," Public Choice, Springer, vol. 87(3-4), pages 319-45, June.
  4. Jorge E.Ramos & Daira P.Garrido, . "Gasto Estatal y administración de Justicia en Colombia," Borradores de Economia 045, Banco de la Republica de Colombia.
  5. Pejovich, Svetozar, 1994. "The Market for Institutions vs. Capitalism by Fiat: The Case of Eastern Europe," Kyklos, Wiley Blackwell, vol. 47(4), pages 519-29.
  6. North, Douglass C, 1994. "Economic Performance through Time," American Economic Review, American Economic Association, vol. 84(3), pages 359-68, June.
  7. Hunter, William J & Nelson, Michael A, 1995. "Tax Enforcement: A Public Choice Perspective," Public Choice, Springer, vol. 82(1-2), pages 53-67, January.
  8. Roberto Junguito & Hernando Vargas, . "Central Bank Independence and Foreign Exchange Policies in Latin America," Borradores de Economia 046, Banco de la Republica de Colombia.
  9. Miguel Urrutia Montoya, 1996. "Politica Económica E Instituciones," BORRADORES DE ECONOMIA 003332, BANCO DE LA REPÚBLICA.
  10. Kenneth J. Arrow, 1997. "Invaluable Goods," Journal of Economic Literature, American Economic Association, vol. 35(2), pages 757-765, June.
  11. Coase Ronald, 1991. "The Institutional Structure of Production," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 2(4), pages 10, December.
  12. Adolfo Meisel R., 1996. "Why No Hyperinflation In Colombia? On The Determinants Of Stable Economic Policies," BORRADORES DE ECONOMIA 003780, BANCO DE LA REPÚBLICA.
  13. Juan Carlos Echeverry & Zeinab Partow, 2005. "Why justice is unresponsive to crime: The case of cocaine in Colombia," BORRADORES DE ECONOMIA 003778, BANCO DE LA REPÚBLICA.
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