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Hacia una nueva comprensión de un viejo problema: una propuesta metodológica para la medición del desempeño institucional de largo plazo

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  • Sabrina Siniscalchi

    (Programa de Historia Económica y Social, Facultad de Ciencias Sociales, Universidad de la República)

Abstract

The measurement of the institutions has been, over decades, a subject refused by a part of the literature which studies the role of institutions in development. Particularly, the New Institutional Economics has focused more on discussing the theoretical channels through which institutions determine growth, than to find ways of measuring them. Most exceptions to this are works that use as a measurement, indicators designed to assess the governance of countries, or the liability of the investment environments, but the reconstruction of them for the long term is almost impossible. This paper presents an alternative way of measuring institutions conceived theoretically from the main tenets of the New Institutional Economic, and with a set of indicators traceable in the long term. Therefore, the Synthetic Indicator of Institutional Performance (SIIP), unlike other indicators, has been constructed taking into account the interaction between political and economic dimensions and emphasizing the importance of analyzing the institutional combinations which best explain each institutional development process.

Suggested Citation

  • Sabrina Siniscalchi, 2014. "Hacia una nueva comprensión de un viejo problema: una propuesta metodológica para la medición del desempeño institucional de largo plazo," Documentos de trabajo 34, Programa de Historia Económica, FCS, Udelar.
  • Handle: RePEc:ude:doctra:34
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    File URL: http://cienciassociales.edu.uy/unidadmultidisciplinaria/wp-content/uploads/sites/6/2015/05/DT_PHES_No-34-Sabrina.pdf
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    More about this item

    Keywords

    Institutions; institutional measurements; institutional development.;
    All these keywords.

    JEL classification:

    • B15 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Historical; Institutional; Evolutionary
    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
    • N26 - Economic History - - Financial Markets and Institutions - - - Latin America; Caribbean

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