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The New Comparative Economics

Simeon Djankov (), Edward Ludwig Glaeser (), Rafael La Porta (), Florencio Lopez-de-Silane and Andrei Shleifer
Authors registered in the RePEc Author Service: Florencio Lopez-de-Silanes ()

No 9608, NBER Working Papers from National Bureau of Economic Research, Inc

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.

JEL-codes: H1 K1 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-hpe, nep-law and nep-tra
Date: 2003-04
Note: CF EFG LE PE
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