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Development Economics and Economic Development: Why do Institution Matter?

Marinescu, Cosmin - In: Theoretical and Applied Economics 2(507) (2007) 2(507), pp. 93-112

institutions that define any economic system. Within society, people are perceptive to a system of general rules that provides … incentives and constraints for human behavior. Institutions' and human action's mutuality, and also its economic and political … implications, explain the essential importance of institutions in economic science and the institutional approach viability. …

Persistent link: https://www.econbiz.de/10005087792

Relatia eficienta institutionala -crestere economica din perspectiva economiei neoinstitutionale

Iacobuta, Andreea Oana; Frunza, Ramona - In: Analele Stiintifice ale Universitatii "Alexandru Ioan … 52-53 (2006) November, pp. 246-249

This paper focuses on the role of institutions in enhancing economic growth. Attention to the institutional environment … specialization and the division of labor. Instead, development is seen as a response to the evolution of institutions that support …. That is, institutions do matter when it comes to costs minimizing or, in other words, the secret of obtaining efficient …

Persistent link: https://www.econbiz.de/10005669010

International standards - vector for good practices in broadcasting organizations in Romania

Monica, GHERGHEL - In: Economia. Seria Management 12 (2009) 2 Special, pp. 235-240

Joining the professional standards (financial audit, evaluation etc.) – required – with the ISO management standards (quality, environment, occupational safety and health, etc.) – considered voluntary – support organizations in meeting mandatory requirements and market penetration....

Persistent link: https://www.econbiz.de/10005002652

Pollution and Property: Is Relevant Market Failure Theory?

Simandan, Radu - In: Theoretical and Applied Economics 7(502) (2006) 7(502), pp. 97-100

An externality exists whenever a transaction creates a cost or a benefit for a party not directly involved. Pollution, such as smoke emitted into the air or sewage poured into the water is an externality. In this paper I analyze the differences between Neo-classical and Austrian School of...

Persistent link: https://www.econbiz.de/10005087786

Endogenous Growth Paradigm. Implications for Economic Policy and Theory

Staicu, Gabriel; Moraru, Liviu-Catalin - In: Theoretical and Applied Economics 10(505) (2006) 10(505), pp. 67-74

The role played by endogenous growth models in growth literature might be analyzed from two perspectives. In the first place, is it emphasized the necessity to replace the hypothesis of perfect competition with monopolistic competition in every mathematical model. Secondly, there is no...

Persistent link: https://www.econbiz.de/10005087811

Arguments for the Study of Institutionalism and Institutional Reform in Romania

Pohoata, Ion - In: Theoretical and Applied Economics 7(502) (2006) 7(502), pp. 3-8

The study and comprehension of institutions – viewed as written and unwritten constraints (rules) initiated by people … economies and societies. The framework inspired by institutions to which people dedicated maximum energy and talent also …

Persistent link: https://www.econbiz.de/10005154481