Institutions, Institutional Change and Economic Performance

@inproceedings{North1990InstitutionsIC,
  title={Institutions, Institutional Change and Economic Performance},
  author={Douglass Cecil North},
  year={1990}
}
  • D. North
  • Published 1 November 1991
  • Economics
Examines the role that institutions, defined as the humanly devised constraints that shape human interaction, play in economic performance and how those institutions change and how a model of dynamic institutions explains the differential performance of economies through time. Institutions are separate from organizations, which are assemblages of people directed to strategically operating within institutional constraints. Institutions affect the economy by influencing, together with technology… 
Transaction Costs and Institutions' Efficiency: A Critical Approach
Institutions, Human Action, and Transaction Costs Institutional economics founds itself on recognizing the fact that human action and its results must be fundamentally analyzed in connection with the
Economic growth and institutions: the influence of external actors
This paper analyzes the relationship among institutions, democracy, and economic growth. Based on a review of the current literature on institutional analysis, in particular that related with New
From Institutional Change to Experimentalist Institutions
Institutionalist theory has shown how work and employment relations are shaped by national contexts. Recent developments in these theories have been increasingly concerned with the issue of
Toward a theory of induced institutional change: Power, labor markets, and institutional change
Institutional change has conventionally been very little modeled because of the implicit assumption that institutions adapt according to the efficiency needs of the economy. However most countries
2 Institutions as Rules : Conceptual Issues
In recent years, the interest in rational choice analysis of institutions has received substantial impetus from an accumulating body of evidence demonstrating the importance of a society’s
Institutional and Non-Institutional Explanations of Economic Differences
Although we cannot conceive of processes of economic growth that do not involve institutional change, in this essay we outline some reasons why one should be cautious about grounding a theory of
Evolutionary Institutional Economics
The economic system is not ultimately made of resources, but of institutions. And because economic systems differ in their institutions, their comparative performance can be (partially) explained by
Why Coevolution of Culture and Institutions Matters for Economic Development and Growth
Theoretical considerations that choose to make reference to the institutional and cultural considerations presuppose that these are in an optimal form. However, this is not the case in the real
Exploring the Process of Institutional Configurations during EconomicTransition Insights from Uzbekistan
Institutions constitute an incentive system that dictates and structures human interaction. The role of institutions thus becomes critical because they incentivize and de-incentivize actual and
Dynamic Economic Growth as a Constraint on Elite Behavior
Institutional economics has produced a string of findings about the importance of good institutions for economic growth and development. While consensus is lacking about how important institutions
...
...