Midlands State University Library
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Symposium on institutions and economic performance/ created by Abhijit V. Banerjee and Maitreesh Ghatak

By: Contributor(s): Material type: TextTextSeries: Economics of transition ; Volume 13, number 3Oxford: Black Publishing, 2005Content type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISSN:
  • 09670750
Subject(s): LOC classification:
  • HC244 ECO
Online resources: Abstract: One of the most welcome developments in economics over the last twenty-five years is the resurgence of interest in institutions. The conceptual work of North (1981) and Williamson (1985) on why institutions are important, along with theoretical developments in the economics of contracts and organizations, set the stage for a large empirical literature that documents the enormous differences in institutions across countries, and goes on to argue that these can explain a large part of cross-country differences in output per capita.
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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 421-426) SP47 Not for loan For in house use only

One of the most welcome developments in economics over the last twenty-five years is the resurgence of interest in institutions. The conceptual work of North (1981) and Williamson (1985) on why institutions are important, along with theoretical developments in the economics of contracts and organizations, set the stage for a large empirical literature that documents the enormous differences in institutions across countries, and goes on to argue that these can explain a large part of cross-country differences in output per capita.

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