| dc.contributor.author |
North, Douglass C. |
en_US |
| dc.date.accessioned |
2009-07-31T15:18:57Z |
|
| dc.date.available |
2009-07-31T15:18:57Z |
|
| dc.date.issued |
1993 |
en_US |
| dc.date.submitted |
2008-03-06 |
en_US |
| dc.date.submitted |
2008-03-06 |
en_US |
| dc.identifier.uri |
https://hdl.handle.net/10535/4567 |
|
| dc.description.abstract |
"The argument of this essay is that the immense productivity increases resulting from technological developments of the past century and a half could only be realized by fundamental changes in the institutional and organizational structure--a supply side argument; and that the consequent tensions induced by the resulting societal transformation have resulted (and are continuing to result) in politically-induced fundamental changes in the institutional structure to mitigate these tensions--a demand side argument. Both the supply side and demand side institutional changes have been and continue to be fundamental influences on productivity change." |
en_US |
| dc.relation.ispartofseries |
Economic History, no. 9309004 |
en_US |
| dc.subject |
institutions |
en_US |
| dc.subject |
transaction costs |
en_US |
| dc.subject |
productivity |
en_US |
| dc.title |
Institutions, Transaction Costs and Productivity in the Long Run |
en_US |
| dc.type |
Working Paper |
en_US |
| dc.subject.sector |
Theory |
en_US |
| dc.submitter.email |
efcastle@indiana.edu |
en_US |