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Institutions, development, and causality
DOI:10.1080/17538963.2025.2508037.png)
Abstract
En 中文
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.
Keywords:
Economic development
institutions
causality
O11
P51
Journal
IF:
2.3
Papers:
168
Citations:
618

