Varieties of Capitalism and Institutional Complementarities in the Political Economy: An Empirical Analysis

  title={Varieties of Capitalism and Institutional Complementarities in the Political Economy: An Empirical Analysis},
  author={Peter A. Hall and Daniel W. Gingerich},
  journal={British Journal of Political Science},
  pages={449 - 482}
This article provides a statistical analysis of core contentions of the ‘varieties of capitalism’ perspective on comparative capitalism. The authors construct indices to assess whether patterns of co-ordination in the OECD economies conform to the predictions of the theory and compare the correspondence of institutions across subspheres of the political economy. They test whether institutional complementarities occur across these subspheres by estimating the impact of complementarities in… 
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