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The New Institutional Economics and Development

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  • Douglass C. North

    (Washington University)

Abstract

In this essay I intend to briefly summarize the essential characteristics of the new institutional economics, to describe how it differs from neo- classical theory, and then to apply its analytical framework (as I see it) to problems of development.

Suggested Citation

  • Douglass C. North, 1993. "The New Institutional Economics and Development," Economic History 9309002, EconWPA.
  • Handle: RePEc:wpa:wuwpeh:9309002
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    Citations

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    Cited by:

    1. Azariadis, Costas & Stachurski, John, 2005. "Poverty Traps," Handbook of Economic Growth,in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 5 Elsevier.
    2. repec:eee:ecoser:v:15:y:2015:i:c:p:125-133 is not listed on IDEAS
    3. Jorge Niosi, 2014. "The construction of national systems of innovation: a comparative analysis of Argentina and Canada," Chapters,in: National Innovation Systems, Social Inclusion and Development, chapter 12, pages 349-379 Edward Elgar Publishing.
    4. Francesco Pasimeni & Paolo Pasimeni, 2016. "An Institutional Analysis of the Europe 2020 Strategy," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 127(3), pages 1021-1038, July.
    5. Kuncic, Aljaz, 2012. "Institutional quality database," Kiel Advanced Studies Working Papers 457, Kiel Institute for the World Economy (IfW).
    6. Alexander Smajgl, 2004. "Modelling the effect of learning and evolving rules on the use of common-pool resources," Computing in Economics and Finance 2004 178, Society for Computational Economics.
    7. McAllister, Ryan R.J. & Smajgl, Alex & Asafu-Adjaye, John, 2007. "Forest logging and institutional thresholds in developing south-east Asian economies: A conceptual model," Forest Policy and Economics, Elsevier, vol. 9(8), pages 1079-1089, May.
    8. Jean-Philippe Vergne & Rodolphe Durand, 2010. "The Missing Link Between the Theory and Empirics of Path Dependence: Conceptual Clarification, Testability Issue, and Methodological Implications," Journal of Management Studies, Wiley Blackwell, vol. 47(4), pages 736-759, June.
    9. Briones, Roehlano M., 2009. "Asia's Underachiever: Deep Constraints in Philippine Economic Growth," Discussion Papers DP 2009-04, Philippine Institute for Development Studies.
    10. repec:taf:cnpexx:v:21:y:2016:i:4:p:401-413 is not listed on IDEAS
    11. Jorge Niosi, 2010. "Building National and Regional Innovation Systems," Books, Edward Elgar Publishing, number 14006.
    12. Frank, Joshua, 2005. "Technological lock-in, positive institutional feedback, and research on laboratory animals," Structural Change and Economic Dynamics, Elsevier, vol. 16(4), pages 557-575, December.
    13. R.T.A. de Haas, 2001. "Financial development and economic growth in transition economies A survey of the theoretical and empirical literature," Research Series Supervision (discontinued) 35, Netherlands Central Bank, Directorate Supervision.
    14. Saatmann, Stefan J., 2013. "The price-link in the German natural gas market: The development of the oil price-link and alternative price mechanisms," SIMAT Arbeitspapiere 05-13-023, Fachhochschule Stralsund, Stralsund Information Management Team (SIMAT).
    15. Cynthia Giagnocavo & Silvia Gerez & Vanessa Campos i Climent, 2014. "Path to Cooperative Survival: Structure, Strategy and Regeneration of Fruit and Vegetables Cooperative in almeria and Valencia, Spain," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 85(4), pages 617-639, December.
    16. Brugere, C., 2006. "Can integrated coastal management solve agriculture, fisheries, aquaculture conflicts at the land-water interface?: a perspective from new institutional economics," IWMI Books, Reports H039121, International Water Management Institute.
    17. Hosseini, Hossein Mirshojaeian & Kaneko, Shinji, 2013. "Can environmental quality spread through institutions?," Energy Policy, Elsevier, vol. 56(C), pages 312-321.
    18. Wang, Xiaoxi & Biewald, Anne & Dietrich, Jan Philipp & Schmitz, Christoph & Lotze-Campen, Hermann & Humpenöder, Florian & Bodirsky, Benjamin Leon & Popp, Alexander, 2016. "Taking account of governance: Implications for land-use dynamics, food prices, and trade patterns," Ecological Economics, Elsevier, vol. 122(C), pages 12-24.
    19. Dong-Hwan Kim & Jesse Campbell, 2015. "Development, Diversification, and Legitimacy: Emergence of the Committee-Based Administrative Model in South Korea," Public Organization Review, Springer, vol. 15(4), pages 551-564, December.
    20. Harabi, Najib, 1995. "Determinanten des technischen Fortschritts: eine industrieökonomische Analyse
      [Determinants of technical change: an analysis from industrial economics perspective]
      ," MPRA Paper 26261, University Library of Munich, Germany.
    21. Jaime Lozano, 1999. "Economía institucional y ciencia económica," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 1(1), pages 99-128, July-dece.

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    JEL classification:

    • N - Economic History

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