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Institutional Convergence

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  • Iancu, Aurel

    (Romanian Academy, National Institute of Economic Research)

Abstract

In this chapter, we describe the essence and role of the institutions in the modern economic systems, the main issues concerning the institutional convergence in relation to the EU integration, the institutional capital and the impact of the quality and effectiveness of the institutions on filling the economic gap between countries, in the context of the implementation of the European integration strategy. * Study within the CEEX Programme – Project No. 220/2006 “Economic Convergence and Role of Knowledge in Relation to the EU Integration”.

Suggested Citation

  • Iancu, Aurel, 2009. "Institutional Convergence," Working Papers of National Institute of Economic Research 090101, National Institute of Economic Research.
  • Handle: RePEc:ror:wpince:090101
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    References listed on IDEAS

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    1. Nauro F. Campos & Abrizio Coricelli, 2002. "Growth in Transition: What We Know, What We Don't, and What We Should," Journal of Economic Literature, American Economic Association, pages 793-836.
    2. Syed M. Ahsan, 2001. "Institutional Framework and Poverty: A Transition Economy Perspective," CESifo Working Paper Series 593, CESifo Group Munich.
    3. Robert E. Hall & Charles I. Jones, 1999. "Why do Some Countries Produce So Much More Output Per Worker than Others?," The Quarterly Journal of Economics, Oxford University Press, vol. 114(1), pages 83-116.
    4. P. Garello & Nikolay Nenovsky, 2004. "Reflections on the evolution of institutions in post-communist countries," Post-Print halshs-00259751, HAL.
    5. Yifu Lin, Justin & Nugent, Jeffrey B., 1995. "Institutions and economic development," Handbook of Development Economics,in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 3, chapter 38, pages 2301-2370 Elsevier.
    6. N. Gregory Mankiw & David Romer & David N. Weil, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 107(2), pages 407-437.
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    More about this item

    Keywords

    Rules; formal institutions; informal institutions; transaction cost; integration; acquis; compliance; institutional capital; regression;

    JEL classification:

    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

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