De jure and de facto institutions – disentangling the interrelationships
Jacek Lewkowicz () and
Katarzyna Metelska-Szaniawska ()
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Jacek Lewkowicz: Faculty of Economic Sciences, University of Warsaw
No 2016-29, Working Papers from Faculty of Economic Sciences, University of Warsaw
In this paper we contribute to the debate on the nature of institutions and their economic effects by extending the focus to the de jure – de facto institutional distinction. Firstly, we define and conceptualize de facto institutions, as well as elaborate on their place in the broad institutional system and identification. Then we investigate the possible interrelationships between de facto and de jure institutions. Finally, we make a link between these interrelationships and economic outcomes. In this way the paper fills an underexploited niche in institutional research, which is a major background for law and economics.
Keywords: new institutional economics; de jure institutions; de facto institutions; formal institutions; informal institutions; institutional interrelationships (search for similar items in EconPapers)
JEL-codes: B40 B52 K19 P21 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-hme, nep-hpe and nep-law
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Persistent link: https://EconPapers.repec.org/RePEc:war:wpaper:2016-29
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