The New Comparative Economics

Simeon Djankov (), Edward L. Glaeser, Rafael La Porta (), Florencio Lopez-de-Silanes () and Andrei Shleifer

No 2002, Harvard Institute of Economic Research Working Papers from Harvard - Institute of Economic Research

Abstract: In recent years, comparative economics experienced a revival, with a new focus on comparing capitalist economies. The theme of the new research is that institutions exert a profound influence on economic development. We argue that, to understand capitalist institutions, one needs to understand the basic tradeoff between the costs of disorder and those of dictatorship. We then apply this logic to study the structure of efficient institutions, the consequences of colonial transplantation, and the politics of institutional choice.

Date: 2003
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Working Paper: The new comparative economics (2003)
Working Paper: The New Comparative Economics (2003)
Working Paper: The New Comparative Economics (2003)
Working Paper: The New Comparative Economics (2003)
Journal Article: The new comparative economics (2003)
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