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New Institutional Economics eJournal最新文献

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The Anticipatory Effect of Nonverbal Communication on Generosity 非语言交际对慷慨行为的预期效应
New Institutional Economics eJournal Pub Date : 2015-12-08 DOI: 10.2139/ssrn.2700533
R. Brook, Maroš Servátka
{"title":"The Anticipatory Effect of Nonverbal Communication on Generosity","authors":"R. Brook, Maroš Servátka","doi":"10.2139/ssrn.2700533","DOIUrl":"https://doi.org/10.2139/ssrn.2700533","url":null,"abstract":"Is nonverbal communication capable of affecting economic outcomes? We study the effect of anticipated approval and disapproval, expressed through emoticons, on generosity and show that it discourages selfish behavior. In our experiment subjects play a one-shot dictator game at the end of which the recipient can respond to the allocation by drawing an emoticon and sending it back to the dictator. While the observed effect of nonverbal communication is somewhat weaker than the anticipation of a verbal response, our results provide evidence that people are willing to trade-off pecuniary gains to avoid disapproval or seek approval of their peers and that the sheer anticipation of receiving a response, even nonverbal, is sufficient to change their behavior.","PeriodicalId":330992,"journal":{"name":"New Institutional Economics eJournal","volume":"7 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-12-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129340616","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Performativity and Emergence of Institutions 制度的表现与出现
New Institutional Economics eJournal Pub Date : 2015-12-01 DOI: 10.1057/978-1-137-48876-3_8
E. Svetlova
{"title":"Performativity and Emergence of Institutions","authors":"E. Svetlova","doi":"10.1057/978-1-137-48876-3_8","DOIUrl":"https://doi.org/10.1057/978-1-137-48876-3_8","url":null,"abstract":"","PeriodicalId":330992,"journal":{"name":"New Institutional Economics eJournal","volume":"123 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126447684","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 6
The Evolving Debate on the Effect of Foreign Aid on Corruption and Institutions in Africa 关于外国援助对非洲腐败和制度影响的不断演变的辩论
New Institutional Economics eJournal Pub Date : 2015-12-01 DOI: 10.2139/ssrn.2493444
S. Asongu
{"title":"The Evolving Debate on the Effect of Foreign Aid on Corruption and Institutions in Africa","authors":"S. Asongu","doi":"10.2139/ssrn.2493444","DOIUrl":"https://doi.org/10.2139/ssrn.2493444","url":null,"abstract":"This policy chapter summarises an evolving debate on the effect of foreign aid on corruption and institutions. It entails a series of publications that have been successively motivated by feedbacks from academic and policy making circles. The plethora of papers explores debates sustaining the direct, conditional and indirect effects of foreign aid on institutions. Moreover, another debate on the incidence of foreign aid distortions on corruption is also assessed in light of a recently celebrated literature on development assistance. Overall, the findings show that the effects of foreign aid on corruption and institutions are: directly positive; conditionally positive with a magnitude dependent on initial institutional capacity levels; contingent on fundamental characteristics of development due to heterogeneity and; indirectly positive or negative depending on the transmission mechanism. While the impact of foreign aid uncertainty on corruption is also positive, the sign on governance could change in light of governments’ commitment to increase its dependence on local tax revenues.","PeriodicalId":330992,"journal":{"name":"New Institutional Economics eJournal","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132238862","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 12
The Nature and Evolution of Capitalism in Italy 意大利资本主义的本质与演变
New Institutional Economics eJournal Pub Date : 2015-11-23 DOI: 10.2139/ssrn.2694424
A. Campa
{"title":"The Nature and Evolution of Capitalism in Italy","authors":"A. Campa","doi":"10.2139/ssrn.2694424","DOIUrl":"https://doi.org/10.2139/ssrn.2694424","url":null,"abstract":"This article is the outcome of analysis of the nature and evolution of capitalism in Italy in the last 40 years, based on a review of the scientific literature and personal experience of the author. The aim of article is to formalize an ordered and concrete concept of actual Italian Capitalism, including creation of “Italian Capitalism Map”. The article compares the definitions of capitalism, used by different authors and academic institutions. These definitions reflect the history and process of economy development in Italy. The article conclude about the weak theoretical and methodological level of analysis of the nature of capitalism in Italy, where scientist are still use classic definitions of Adam Smith and Karl Marx. The author conducts a study of existing varieties of capitalism, both in Italy and in the world (how this phenomenon is seen in Italy). Special attention is paid to phenomenon of proto-capitalism, to the concept of crony capitalism, to division of capitalism in three sections: Personal-individual capitalism, Managerial capitalism and Rhenish-Japanese capitalism and to grade of state’s share in economy. The paper proposes to highlight five actors in Italian Capitalism: European Union Government Structures, National Government, Small & Medium Enterprises, Big Businesses, and Customers. The paper discusses relations and contradictions between these actors in Italian economy. Author also tries to predict a way of modern capitalism evolution in near future. As conclusion of research, Author proposed the “Italian Capitalism Map”, a kind of visualization of most important features of capitalism in Italy.","PeriodicalId":330992,"journal":{"name":"New Institutional Economics eJournal","volume":"63 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117333385","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Private Enforcement, Corruption, and Antitrust Design 私人执法、腐败和反垄断设计
New Institutional Economics eJournal Pub Date : 2015-11-17 DOI: 10.2139/ssrn.2678566
Peter Grajzl, Andrzej Baniak
{"title":"Private Enforcement, Corruption, and Antitrust Design","authors":"Peter Grajzl, Andrzej Baniak","doi":"10.2139/ssrn.2678566","DOIUrl":"https://doi.org/10.2139/ssrn.2678566","url":null,"abstract":"Recent adoption of competition laws across the globe has highlighted the importance of institutional considerations for antitrust effectiveness and the need for comparative institutional analyses of antitrust that extend beyond matters of substantive law. Contributing to the resulting nascent research agenda, we examine how the rationale for enabling versus precluding private antitrust enforcement as one salient choice in antitrust design depends on whether antitrust enforcement is corruption-free or plagued by corruption. Contingent on the nature of adjudicatory bias, bribery either discourages private antitrust lawsuits or incentivizes firms to engage in frivolous litigation. Corruption expectedly reduces the effectiveness of antitrust enforcement at deterring antitrust violations. Yet private antitrust enforcement as a complement to public enforcement can be social welfare-enhancing even in the presence of corruption. Under some circumstances, corruption actually increases the relative social desirability of private antitrust enforcement. Our analysis highlights that the appropriate design of antitrust institutions is context-specific.","PeriodicalId":330992,"journal":{"name":"New Institutional Economics eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-11-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129131994","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Geopolitics and Asia's Little Divergence: A Comparative Analysis of State Building in China and Japan after 1850 地缘政治与亚洲的小分歧:1850年后中日国家建设比较分析
New Institutional Economics eJournal Pub Date : 2015-10-28 DOI: 10.2139/ssrn.2682702
Mark Koyama, C. Moriguchi, Tuan-Hwee Sng
{"title":"Geopolitics and Asia's Little Divergence: A Comparative Analysis of State Building in China and Japan after 1850","authors":"Mark Koyama, C. Moriguchi, Tuan-Hwee Sng","doi":"10.2139/ssrn.2682702","DOIUrl":"https://doi.org/10.2139/ssrn.2682702","url":null,"abstract":"We provide a new framework to account for the diverging paths of political development and state building in China and Japan during the second half of the nineteenth century. The arrival of Western powers not only brought opportunities to adopt new technologies, but also fundamentally threatened the national sovereignty of both Qing China and Tokugawa Japan. We argue that these threats produce an unambiguous tendency toward centralization and modernization for small states, but place conflicting demands on geographically larger states. We use our theory to study why China, which had been centralized for much of its history, experienced gradual disintegration upon the Western arrival, and how Japan, which had been politically fragmented for centuries, rapidly unified and modernized during the same period. To further demonstrate its validity, we also apply our model to other historical episodes of state building, such as the unification of Anglo-Saxon England in the tenth century and the rise of Muscovy during the fifteenth century.","PeriodicalId":330992,"journal":{"name":"New Institutional Economics eJournal","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-10-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124369392","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 7
Una Aproximación Neoinstitucionalista Al Derecho (Económico) Internacional (A Neo-Institutional Approach to International (Economic) Law) Una Aproximación neoinstitutionionalista Al Derecho (Económico) International(国际(经济)法的新制度方法)
New Institutional Economics eJournal Pub Date : 2015-09-15 DOI: 10.2139/SSRN.2722948
D. A. Monroy
{"title":"Una Aproximación Neoinstitucionalista Al Derecho (Económico) Internacional (A Neo-Institutional Approach to International (Economic) Law)","authors":"D. A. Monroy","doi":"10.2139/SSRN.2722948","DOIUrl":"https://doi.org/10.2139/SSRN.2722948","url":null,"abstract":"Spanish Abstract: Este articulo indaga acerca de como el analisis economico del derecho (AED) puede servir a los juristas-internacionalistas para examinar ciertas cuestiones relevantes del derecho internacional (DI) en general y del derecho economico internacional (DEI) en especifico. Concretamente, se sostiene la hipotesis de que la denominada “Nueva Economia Institucional” (NEI) representan una alternativa de aproximacion economica consistente y que se ajusta de forma adecuada al contexto del DI. Para demostrar la hipotesis, el articulo sintetiza algunos conceptos propios de la NEI, y a partir de ellos trata de establecer sendos paralelos con cuestiones propias del DI. Los conceptos que se tratan en el articulo son en su orden: (i) la transaccion como unidad basica de analisis; (ii) la teoria de los costos de transaccion; y (iii) las estructuras – williamsonianas – de gobernanza.English Abstract: This paper inquires about how the Economic Analysis of Law (LE (ii) the economics of transaction costs; and (iii) the – williamsonian – mechanisms of governance.","PeriodicalId":330992,"journal":{"name":"New Institutional Economics eJournal","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117322318","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Role of Institutional Development in Education System: R&D and Innovation and Their Impact on Economic Growth 制度发展在教育体系中的作用:研发与创新及其对经济增长的影响
New Institutional Economics eJournal Pub Date : 2015-09-10 DOI: 10.2139/ssrn.3281291
Miroljub Shukarov, Kristina Maric
{"title":"The Role of Institutional Development in Education System: R&D and Innovation and Their Impact on Economic Growth","authors":"Miroljub Shukarov, Kristina Maric","doi":"10.2139/ssrn.3281291","DOIUrl":"https://doi.org/10.2139/ssrn.3281291","url":null,"abstract":"The aim of this paper is to provide a closer look of the institutional development in educational system and its impact on economic growth. Accumulation of human capital and technological development are factors that are considered to be crucial for economic growth. Thus, investing in education, R&D and innovation is essential for a country's prospects for economic growth. However, the main idea is to present this topic from institutional point of view. By using literature and statistical analysis, the paper investigates whether the degree of institutional development in country's educational system is sufficient enough to create prospects for economic growth. We compare 4 different countries, Macedonia and Serbia, non EU countries and Bulgaria and Slovenia member countries of the EU. The research findings indicate to the fact that institutionalized society with higher degree of institutional development in this case in the educational system is more likely to boost the economic growth. The results also indicate to the fact that societies in which the degree of institutional development is higher, as it is in our case in Slovenia and Bulgaria, are more likely to produce well qualified and skilled labour force which will further impact the economic growth.","PeriodicalId":330992,"journal":{"name":"New Institutional Economics eJournal","volume":"62 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-09-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126294716","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 1
Productivity vs Institutions: An Empirical Evidence on Convergence 生产率vs制度:趋同的经验证据
New Institutional Economics eJournal Pub Date : 2015-08-26 DOI: 10.2139/ssrn.2651064
Abdullah Karasan
{"title":"Productivity vs Institutions: An Empirical Evidence on Convergence","authors":"Abdullah Karasan","doi":"10.2139/ssrn.2651064","DOIUrl":"https://doi.org/10.2139/ssrn.2651064","url":null,"abstract":"Various empirical studies highlight the importance of productivity and institutions along with the traditional economic growth determinants in the growth process. Comparative role of productivity and institutions in convergence, however, remains ambiguous. This paper aims to find out the relative importance of productivity and institutions on conditional convergence across middle-income countries by including 36 countries over 1984-2009 period. Main reason for selecting this type of countries is their huge convergent potential emerged when they possess adequate level of human and physical capital.In this study, panel data fixed and random effect techniques are applied and Monte Carlo simulation is run as robustness check. Accordingly, baseline model including education, investment, government consumption, population growth, advancement of knowledge, and depreciation as independent variable indicates conditional convergence. Moreover, productivity represented by Total Factor Productivity and Capital Productivity and institutions proxied by five different variables are included in the model separately and results reveal that total factor productivity accelerates the estimated conditional convergence more than institutions does. Bearing in mind the importance of institutions, this finding implies that immediate growth determinants boost economic growth more in the process of development.","PeriodicalId":330992,"journal":{"name":"New Institutional Economics eJournal","volume":"191 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-08-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115556168","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Transitions to Open Access Orders and Polycentricity: Exploring the Interface between Austrian Theory and Institutionalism 向开放获取秩序和多中心的过渡:探索奥地利学派理论与制度主义之间的接口
New Institutional Economics eJournal Pub Date : 2015-08-03 DOI: 10.1108/S1529-213420150000019008
I. Sterpan, P. Aligica
{"title":"Transitions to Open Access Orders and Polycentricity: Exploring the Interface between Austrian Theory and Institutionalism","authors":"I. Sterpan, P. Aligica","doi":"10.1108/S1529-213420150000019008","DOIUrl":"https://doi.org/10.1108/S1529-213420150000019008","url":null,"abstract":"Abstract \u0000This paper explores the interface between institutional theory and Austrian theory. We examine mainstream institutionalism as exemplified by D. C. North in his work with Wallis and Weingast on the elite compact theory of social order and of transitions to impersonal rights, and propose instead an Austrian process-oriented perspective. We argue that mainstream institutionalism does not fully account for the efficiency of impersonal rules. Their efficiency can be better explained by a market for rules, which in turn requires a stable plurality of governance providers. Since an equilibrium of plural providers requires stable power polycentricity, the implication goes against consolidating organized means for violence as a doorstep condition to successful transitions. The paper demonstrates how to employ Ostroms’ Bloomington School Institutionalism to shift, convert, and recalibrate mainstream institutionalism's themes into an Austrian process-oriented theory.","PeriodicalId":330992,"journal":{"name":"New Institutional Economics eJournal","volume":"47 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-08-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130767923","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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