Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/89543
Authors: 
Nelson, Richard R.
Year of Publication: 
2006
Series/Report no.: 
LEM Working Paper Series 2006/24
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

Files in This Item:
File
Size
338.61 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.