Institutions, development, and causality
Adam Przeworski
China Economic Journal, 2025, vol. 18, issue 2, 186-195
Abstract:
The new institutionalism is founded on two propositions: (1) Institutions are a ‘primary’ cause of development, (2) Institutions are endogenous. But nothing can be primary in the presence of endogeneity. I make two simple points: (1) The causal structure of the relation between institution and development may differ across different contexts. (2) The institution that matter may differ across different contexts.
Date: 2025
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DOI: 10.1080/17538963.2025.2508037
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