Economics at your fingertips  

New Institutions for New Nations

Stanley L. Engerman

Journal of Human Capital, 2017, vol. 11, issue 3, 352 - 372

Abstract: The impact of institutions and their influence on property rights have been a central interest in Ronald Coase’s long career, and his work has had a major impact on the study of economics and economic history. This paper will examine the importance of the set of appropriate institutions required for economic and political development by analyzing the effects of several New World revolutions between 1775 and 1826. The resulting changes in political control gave rise to quite different patterns of institutions and thus of economic growth and political stability.

Date: 2017
References: Add references at CitEc
Citations Track citations by RSS feed

Downloads: (external link) (application/pdf) (text/html)
Access to the online full text or PDF requires a subscription.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

More articles in Journal of Human Capital from University of Chicago Press
Series data maintained by Journals Division ().

Page updated 2017-09-29
Handle: RePEc:ucp:jhucap:doi:10.1086/671187