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Empirical Essays in Comparative Institutional Economics

Empirical Essays in Comparative Institutional Economics
Author: Yerzhan B. Mukashev
Publisher:
Total Pages: 154
Release: 2007
Genre:
ISBN: 9782980462603

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Essay 2 estimates the causal effects of economic shocks on the incidence of politically destabilizing events. The estimation is difficult due to the joint endogeneity between economic growth and events related to the political environment, which is addressed by the instrumental variable method. The variation in oil prices is used as an instrument for economic growth in the sample of small oil importing economies during 1960--1999. In contrast to a common belief and OLS estimates, the most striking finding of the IV estimation is that higher economic growth has a strong and robust positive effect on the incidence of relatively peaceful unrest such as demonstrations, strikes and riots.


Economics Broadly Considered

Economics Broadly Considered
Author: Jeff E. Biddle
Publisher: Routledge
Total Pages: 392
Release: 2001-03-29
Genre: Business & Economics
ISBN: 1134561431

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Warren J. Samuels has been a prominent figure in the study of economics in the twentieth century. This book brings together essays by leading scholars in the areas of economics in which Samuels has made his most important contributions: the history of economic thought, economic methodology, and institutional and post-Keynesian economics. This work


Institutional Economics

Institutional Economics
Author: John Adams
Publisher: Springer Science & Business Media
Total Pages: 252
Release: 2012-12-06
Genre: Business & Economics
ISBN: 9400987366

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Allan Garfield Gruchy, now Professor Emeritus at The University of Maryland, retired in 1977 from full-time duty. That he continued to teach his graduate seminar in institutional economics and simply accelerated work on a major study of planning in world economies is only more evidence of the energy and concern he has brought to his teaching and writing through out his career. His undergraduate classes in comparative economic systems and modern economic thought, and his two graduate courses on institu tionalism, were always among the most popular in the department. They were firmly grounded in a perspective that opened the minds of hundreds of students to new avenues of thought and to different modes of economic organization. Returning students who report they quickly forgot the arid intricacies of intermediate theory courses nonetheless recall Allan's verbal thrusts at orthodox positions and at the shortcomings of American eco nomic institutions. Allan worked for many years with Dudley Dillard to construct Maryland's present department and served ably as acting chairman in 1976-77 after Dudley relinquished the chairmanship. His impatient wit enlivened faculty meetings and rendered them expeditious in the extreme, and it was welcomed by all except those with a penchant for pontification. Allan is best known among economists for his elucidation of institutional and neoinstitutional thought and for his comparative analysis of planning v vi PREFACE and growth.


Beyond Dissent

Beyond Dissent
Author: Philip A. Klein
Publisher: M.E. Sharpe
Total Pages: 350
Release: 1994
Genre: Business & Economics
ISBN: 9781563243219

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Some 18 essays by American institutional economist Klein (Pennsylvania State U.), written over the last two decades, are grouped under five major heads: institutionalism--a basic perspective; institutionalism and concentrated power; the role of the public sector; applied institutional economics; and the obligation of the economist. Paper edition (unseen), $22.50. Annotation copyright by Book News, Inc., Portland, OR


Institutional Economics and the Theory of Social Value: Essays in Honor of Marc R. Tool

Institutional Economics and the Theory of Social Value: Essays in Honor of Marc R. Tool
Author: Charles M.A. Clark
Publisher: Springer Science & Business Media
Total Pages: 283
Release: 2012-12-06
Genre: Business & Economics
ISBN: 940110655X

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Marc R. Tool, both through his writings and his editorship of the Journal of Economic Issues, has had a profound influence on institutional economics. Tool's efforts, in his own words, "has been to keep values on the agenda of economic inquiry," which is another way of saying "keep economic inquiry relevant. " Tool's work on the theory of social value and instrumental valuation has helped to keep institutional economics focused on the core economic and social issues facing society, providing both a perspective from which to analyze the economy and a criteria for evaluating outcomes. This collection of essays is a testament to this legacy. Although these 15 chapters cover a wide and diverse range of topics, it is the common themes which are most striking: the inescapable necessity of values in economic discourse; the central role of valuation in economic activity; and most importantly, the requirement of democratic participation to achieve "efficient" solutions to the economic problem. These essays are offered to honor a body of work, a set of ideas, but mostly a man who, by directing economic inquiry to these core issues, has promoted "the continuity of human life and the noninvidious recreation of community through the instrumental use of knowledge.


Essays on Comparative Institutions

Essays on Comparative Institutions
Author: Shmuel Noah Eisenstadt
Publisher:
Total Pages: 400
Release: 1965
Genre: Bureaucracy
ISBN:

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Theoretical study of social structures and social status, with particular reference to institutional organisations - covers sociological aspects, of marital status, cultural factors of age groups (with particular reference to the problems of youth), the status of immigrants, leadership and group behaviour, human relations, etc. References.


Technology, Innovation and Industrial Economics: Institutionalist Perspectives

Technology, Innovation and Industrial Economics: Institutionalist Perspectives
Author: Dilmus D. James
Publisher: Springer Science & Business Media
Total Pages: 161
Release: 2012-12-06
Genre: Business & Economics
ISBN: 146155697X

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Technology, Innovation and Industrial Economics: Institutional Perspectives, inspired by the work of William E. Cole, Professor Emeritus at the University of Tennessee at Knoxville, extends his work with essays on technology, innovation and industrial economics from an Institutionalist perspective. The managerial style, innovational practices and industrial setting of the continuous improvement firm are central to several chapters. This volume also features innovation and technology in Latin America, Adam Smith's writing on entrepreneurship and a comparison of American and European Institutionalism. The topics of technology, innovation, industrial organization and industrial policy are being widely discussed and debated in today's literature, but seldom from an Institutionalist perspective. The purpose of this book is to reduce substantially this missing dimension in the ongoing debates on these important issues.


Toward a Comparative Institutional Analysis

Toward a Comparative Institutional Analysis
Author: Masahiko Aoki
Publisher: MIT Press
Total Pages: 498
Release: 2001-11-09
Genre: Business & Economics
ISBN: 9780262011877

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A conceptual and analytical framework for understanding economic institutions and institutional change. Markets are one of the most salient institutions produced by humans, and economists have traditionally analyzed the workings of the market mechanism. Recently, however, economists and others have begun to appreciate the many institution-related events and phenomena that have a significant impact on economic performance. Examples include the demise of the communist states, the emergence of Silicon Valley and e-commerce, the European currency unification, and the East Asian financial crises. In this book Masahiko Aoki uses modern game theory to develop a conceptual and analytical framework for understanding issues related to economic institutions. The wide-ranging discussion considers how institutions evolve, why their overall arrangements are robust and diverse across economies, and why they do or do not change in response to environmental factors such as technological progress, global market integration, and demographic change.