A REVIEW OF THE RECENT LITERATURE ON THE INSTITUTIONAL ECONOMICS ANALYSIS OF THE LONG‐RUN PERFORMANCE OF NATIONS
这篇综述梳理了2000年后关于制度如何影响各国经济增长和繁荣水平的文献,指出该领域虽有重要贡献,但制度的相对重要性仍是未解之谜。
Abstract This paper reviews the recent (post‐2000) literature that assesses the importance of institutions as a factor determining cross‐country differences in growth rates or in the contemporary level of “prosperity.” It first sketches how institutional economics has evolved. It then examines critically the methods of analysis employed in the recent literature. The paper finds that this literature has made a major contribution to the analysis of the causes of economic growth but the relative importance of institutions as a determinant of long‐run growth and prosperity is still a wide open question.