Institutional Change and Institutional Persistence
نویسندگان
چکیده
منابع مشابه
Institutional Persistence and Change: An Evolutionary Approach
We propose an evolutionary theory of institutional persistence and change. Many institutional changes are decentralized, with a large number of private actors informally adopting new practices that are later confirmed by changes in formal governance structures. For example, land tenure norms, conventional crop shares, inheritance practices, and traditional property rights all are informal insti...
متن کاملCognitive Underpinnings of Institutional Persistence and Change: a Framing Perspective
We integrate the predictions of prospect theory, the threat-rigidity hypothesis, and institutional theory to suggest how patterns of institutional persistence and change depend on whether decision makers view environmental shifts as potential opportunities for or threats to gaining legitimacy. We argue that in the event that decision makers face ambiguity in their reading of the environment, th...
متن کاملAn Evolutionary Approach to Institutional Persistence and Change
Some institutional transitions are implemented as the deliberate outcome of bargaining among a small number of groups, but many are more decentralized, with a large number of private actors informally adopting new practices that are later confirmed by changes in formal governance structures. For example, land tenure norms, changes in conventional crop shares, shifts in inheritance practices, an...
متن کاملDe Facto Political Power and Institutional Persistence
Much of the empirical work and the conceptual discussion of the impact of institutions on economic development either implicitly or explicitly assumes that institutions persist. Although Acemoglu et al. (2001) provide evidence that constraints on the executive persist, many aspects of institutions change frequently. Less-developed countries cycle between democracy and dictatorship and often cha...
متن کاملInternational Trade and Institutional Change ∗
This paper analyzes the impact of international trade on the quality of institutions, such as contract enforcement, property rights, or investor protection. It presents a model in which institutional differences play two roles: they create rents for some parties within the economy, and they are a source of comparative advantage in trade. Institutional quality is determined as an equilibrium of ...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2020
ISSN: 1556-5068
DOI: 10.2139/ssrn.3692636