De jure and de facto institutions – disentangling the interrelationships

Jacek Lewkowicz and Katarzyna Metelska-Szaniawska

No 2016-29, Working Papers from Faculty of Economic Sciences, University of Warsaw

Abstract: In this paper we contribute to the debate on the nature of institutions and their economic effects by extending the focus to the de jure – de facto institutional distinction. Firstly, we define and conceptualize de facto institutions, as well as elaborate on their place in the broad institutional system and identification. Then we investigate the possible interrelationships between de facto and de jure institutions. Finally, we make a link between these interrelationships and economic outcomes. In this way the paper fills an underexploited niche in institutional research, which is a major background for law and economics.

Keywords: new institutional economics; de jure institutions; de facto institutions; formal institutions; informal institutions; institutional interrelationships (search for similar items in EconPapers)
JEL-codes: B40 B52 K19 P21 (search for similar items in EconPapers)
Pages: 22 pages
Date: 2016
New Economics Papers: this item is included in nep-hme, nep-hpe and nep-law
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:war:wpaper:2016-29

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