Learning, Institutions, and Economic Performance
نویسندگان
چکیده
منابع مشابه
Institutions and Economic Performance
Those who analyze political institutions often employ broad labels. They refer to democracy or authoritarianism; presidential or parliamentary governments; or to systems of plurality or proportional representation. In this paper, I refrain from addressing politics at this level and adopt an approach that is far more micro-in perspective. The approach I take can be referred to as " neo-classical...
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1 Background Why are some countries rich and others poor? Since Solow (1956), the tentative answer has been differences in capital accumulation and technical change, but this was unsatisfactory since the theory failed to explain what accounts for these differences. Endogenous growth theories (Aghion and Howit 1992; Grossman and Helpman 1991; Romer 1990) emerged to answer the faithful call and a...
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We investigate whether the impact of institutions depends not just on their current state but also on how they came to be. In particular, we hypothesize that while economic freedom that emerges spontaneously may be growth promoting, economic freedom that emerges as a result of costly lobbying efforts may be less fruitful. In an extreme case, costly lobbying efforts may even negate the growth-en...
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The paper argues that a narrow conceptualization of institutions as more or less similar to ‘good governance’ is not conductive for an understanding of the institutional underpinnings of the learning economy. In stead an explicit focus on a broad set of institutions that support learning is needed. Improving learning and innovation capabilities is not only a question of more resources for educa...
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Institutions are now widely believed to be important in explaining performance. In this paper, we analyse whether commonly used measures of institutions have any significant, measurable impact on performance, whether of countries or firms. We look at three ‘levels’ of institutions and associated conjectures. The first concerns whether the political system affects performance. The second concern...
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ژورنال
عنوان ژورنال: Perspectives on Politics
سال: 2004
ISSN: 1537-5927,1541-0986
DOI: 10.1017/s1537592704000635