Un criterio de eficiencia para la concepción y evaluación de las políticas públicas

Erika Lopez Ponton

Revista de Economía Institucional, 2008, vol. 10, issue 18, 149-178

Abstract: This paper seeks to emphasize the convenience of transactional efficiency, proposed by new institutional economics, in relation to Pareto equilibrium, proposed by neoclassic economics. It argues that transactional efficiency is more appropriate than the neoclassical criteria of efficiency when it is about conception and evaluation of economic policies. The synthesis of theoretical foundation of public intervention and transactional efficiency, and the analysis of three empirical studies, show the convenience of transactional efficiency.

Keywords: transactional efficiency; public policies; neoclassical and institutional theories (search for similar items in EconPapers)
JEL-codes: B13 B15 D61 D78 H50 (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:rei:ecoins:v:10:y:2008:i:18:p:149-178

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