Facilities of Original Institutional Economics in Research of Institutional Changes

Vyacheslav Volchik ()

MPRA Paper from University Library of Munich, Germany

Abstract: Institutional changes in the economy have been the research subject of many economists, the majority of studies are carried out within neoinstitutionalism. In this paper the author attempts to analyze current institutional changes in terms of the old or traditional institutionalism. The author focuses, on the one hand, on the study of asynchrony transformation of regulation mechanisms, and institutions, on the other hand. As an important factor the collective action of special interest groups are considered in the analysis of institutional changes.

Keywords: institutional changes; collective action; institutional inertia; Veblen’s dichotomy; special interest groups (search for similar items in EconPapers)
JEL-codes: B25 B50 B52 D02 O33 (search for similar items in EconPapers)
Date: 2011-11
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Citations: View citations in EconPapers (1)

Published in JOURNAL OF ECONOMIC REGULATION 4.2(2012): pp. 24-38

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Related works:
Journal Article: Facilities of original institutional economics in research of institutional changes (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:42802

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