Institutions, development, and economic growth

Annotation The determinants of economic growth and development are hotly debated among economists. Financial crises and failed transition experiments have highlighted the fact that functioning institutions are fundamental to the goal of achieving economic growth. The growth literature has seen an ab...

Full description

Bibliographic Details
Main Author: Eicher, Theo S.
Other Authors: García-Peñalosa, Cecilia
Format: eBook
Language:English
Published: Cambridge, Mass. MIT Press 2006
Series:CESifo seminar series
Subjects:
Online Access:
Collection: MIT Press eBook Archive - Collection details see MPG.ReNa
LEADER 02822nmm a2200349 u 4500
001 EB002069359
003 EBX01000000000000001209449
005 00000000000000.0
007 cr|||||||||||||||||||||
008 220922 ||| eng
020 |a 9780262272223 
020 |a 0262272229 
050 4 |a HD75 
100 1 |a Eicher, Theo S. 
245 0 0 |a Institutions, development, and economic growth  |h Elektronische Ressource  |c Theo S. Eicher and Cecilia García-Peñalosa, editors 
260 |a Cambridge, Mass.  |b MIT Press  |c 2006 
300 |a xiv, 293 pages  |b illustrations 
653 |a Economic policy 
653 |a Economic development 
653 |a ECONOMICS/Political Economy 
653 |a ECONOMICS/Trade & Development 
653 |a Social institutions 
700 1 |a García-Peñalosa, Cecilia 
041 0 7 |a eng  |2 ISO 639-2 
989 |b MITArchiv  |a MIT Press eBook Archive 
490 0 |a CESifo seminar series 
028 5 0 |a 10.7551/mitpress/3811.001.0001 
776 |z 9780262050814 
776 |z 0262050811 
856 4 0 |u https://doi.org/10.7551/mitpress/3811.001.0001?locatt=mode:legacy  |x Verlag  |3 Volltext 
082 0 |a 338.9 
520 |a Annotation The determinants of economic growth and development are hotly debated among economists. Financial crises and failed transition experiments have highlighted the fact that functioning institutions are fundamental to the goal of achieving economic growth. The growth literature has seen an abundance of empirical studies on the influence of institutions and the mechanisms by which institutions affect development. This CESifo volume provides a systematic overview of the current scholarship on the impact of institutions on growth. The contributors, all internationally prominent economists, consider theoretical and empirical relationships between institutions and growth. Concepts covered include "appropriate institutions" (the idea that different institutional arrangements are appropriate at different stages of economic development); liberalized credit markets; the influence of institutions on productivity; institutional and regulatory reforms in the OECD; how innovation and entrepreneurship influence growth (including an analysis of patent activity in the United States from 1790 to 1930); the endogeneity of institutions as seen in the recruitment of elites by higher education institutions; the effect of economic development on transitions to democracy; and technology adoption in agriculture. Contributors:Philippe Aghion, Costas Azariadis, Elise S. Brezis, Matteo Cervellati, François Crouzet, David de la Croix, Theo S. Eicher, Piergiuseppe Fortunato, Cecilia García-Peñalosa, Thorvaldur Gylfason, Murat Iyigun, B. Zorina Khan, Giuseppe Nicoletti, Dani Rodrik, Stefano Scarpetta, Kenneth L. Sokoloff, Uwe Sunde, Utku Teksoz, Gylfi Zoega