Institutions, Development, and Economic Growth
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Institutions, Development, and Economic Growth by Theo S. Eicher
Book DescriptionThe determinants of economic growth and development are hotly debated among economists. Financial crises and failed transition experiments have highlighted the fact that functioning institutions are fundamental to the goal of achieving economic growth. The growth literature has seen an abundance of empirical studies on the influence of institutions and the mechanisms by which institutions affect development. This CESifo volume provides a systematic overview of the current scholarship on the impact of institutions on growth.The contributors, all internationally prominent economists, consider theoretical and empirical relationships between institutions and growth. Concepts covered include "appropriate institutions" (the idea that different institutional arrangements are appropriate at different stages of economic development); liberalized credit markets; the influence of institutions on productivity; institutional and regulatory reforms in the OECD; how innovation and entrepreneurship influence growth (including an analysis of patent activity in the United States from 1790 to 1930); the endogeneity of institutions as seen in the recruitment of elites by higher education institutions; the effect of economic development on transitions to democracy; and technology adoption in agriculture.Contributors:Philippe Aghion, Costas Azariadis, Elise S. Brezis, Matteo Cervellati, Franois Crouzet, David de la Croix, Theo S. Eicher, Piergiuseppe Fortunato, Cecilia Garca-Pealosa, Thorvaldur Gylfason, Murat Iyigun, B. Zorina Khan, Giuseppe Nicoletti, Dani Rodrik, Stefano Scarpetta, Kenneth L. Sokoloff, Uwe Sunde, Utku Teksoz, Gylfi Zoega
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Book DetailsISBN: 9780262050814
(229mm x 152mm x 20mm)
Imprint: MIT Press
Publisher: MIT Press Ltd
Publish Date: 26-May-2006
Country of Publication: United States
Books By Author Theo S. Eicher
Inequality and Growth, Paperback (March 2007)» View all books by Theo S. Eicher
Essays exploring the relationship between economic growth and inequality and the implications for policy makers.
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Author Biography - Theo S. Eicher
Cecilia Garcia-Penalosa is Professor at the Groupement de Recherche en Economie Quantitative d'Aix Marseille and a researcher for CNRS.
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