Institutional Change and American Economic Growth
Douglass C North author L E Davis author
Format:Paperback
Publisher:Cambridge University Press
Published:11th Dec '08
Currently unavailable, and unfortunately no date known when it will be back
This paperback is available in another edition too:
- Hardback£25.00(9780521081115)
This book presents a model for examining problems of institutional change and applies it to American economic development in the nineteenth and twentieth centuries. The authors develop their model of institutional change. They argue that if external economic factors make an increase in income possible but not attainable within the existing institutional structure, new organizations must be developed to achieve the potential in income. Their model is designed to explain the type and timing of these necessary changes in institutional organization. Individual, voluntary cooperative, and governmental arrangements are included in the discussion, although the latter differs considerably from the first two.
ISBN: 9780521086370
Dimensions: 229mm x 152mm x 17mm
Weight: 430g
292 pages