The Contribution of the New Institutional Economics to an Understanding of the Transition Problem

By D. North. 2005

283 citations recorded by the source corpus.

How researchers see this paper

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Corruption and Entrepreneurship: How Formal and Informal Institutions Shape Small Firm Behavior in Transition and Mature Market Economies (2010, background): “Economic activities cannot be analyzed without consideration of the formal and informal institutional context in which they occur (Baumol, 1990; Denzau & North, 1994; North, 1990, 1997, 2005; Williamson, 1975).”
Institutions and Entrepreneurship Development in Russia: A Comparative Perspective (2008, background): “The work of both William Baumol (1990, 1993, 2005) and Douglass North (1990, 1994, 1997, 2005) has highlighted the relationship between the institutional environment and entrepreneurship development.”
How Reform Worked in China (2018, unknown): “The advocates of New Institutional Economics (Coase, 1992; North, 1997; and Williamson, 1994) recognize that a good market economy requires not only " getting prices right, " but also " getting property rights right " and " getting institutions right.”