Midlands State University Library
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Institutions matter, but which ones?/ created by Pranab Bardhan

By: Material type: TextTextSeries: Economics of transition ; Volume 13, number 3Oxford: Blackwell, 2005Content type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISSN:
  • 09670750
Subject(s): LOC classification:
  • HC244 ECO
Online resources: Abstract: The purpose of this paper is to go beyond the narrow focus of the current institutional economics literature in development on the institutions protecting individual property rights, and to look at the economic effects of some other aspects of institutional quality on the development process (like democratic participation rights and institutions to address coordination failures). Another purpose is to suggest an alternative instrumental variable in quantifying the effects of property rights institutions. Finally, we speculate how, on account of distributive conflicts, institutions that have an adverse effect on economic performance often tend to persist for long periods of time in many poor countries.
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Holdings
Item type Current library Call number Vol info Copy number Status Notes Date due Barcode
Journal Article Journal Article Main Library - Special Collections HC244 ECO (Browse shelf(Opens below)) Vol. 13, no.3 (pages 499-532) SP47 Not for loan For in house use only

The purpose of this paper is to go beyond the narrow focus of the current institutional economics literature in development on the institutions protecting individual property rights, and to look at the economic effects of some other aspects of institutional quality on the development process (like democratic participation rights and institutions to address coordination failures). Another purpose is to suggest an alternative instrumental variable in quantifying the effects of property rights institutions. Finally, we speculate how, on account of distributive conflicts, institutions that have an adverse effect on economic performance often tend to persist for long periods of time in many poor countries.

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