Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/89543 
Year of Publication: 
2006
Series/Report no.: 
LEM Working Paper Series No. 2006/24
Publisher: 
Scuola Superiore Sant'Anna, Laboratory of Economics and Management (LEM), Pisa
Abstract: 
Institutions again have become the focus of the theorizing and empirical work of economists concerned with the determinants of economic growth, and of cross country differences in income levels. One central argument f this paper is that institutions and institutional change need to be understood as tightly intertwined with the technologies used in an economy, and with technological change. A second argument is that, in general, societies have very limited ability to design institutions that are effective, and that the processes of institutional reform work erratically.
Document Type: 
Working Paper

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