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Journal of Institutional Economics最新文献

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Legal pluralism, ideology, and institutional change: the evolution of institutions for coastal resource governance in Ghana 法律多元化、意识形态和机构变革：加纳沿海资源治理机构的演变
IF 2.2 2区 经济学
Journal of Institutional Economics Pub Date : 2024-09-19 DOI: 10.1017/s1744137424000225
Hudu Banikoi
{"title":"Legal pluralism, ideology, and institutional change: the evolution of institutions for coastal resource governance in Ghana","authors":"Hudu Banikoi","doi":"10.1017/s1744137424000225","DOIUrl":"https://doi.org/10.1017/s1744137424000225","url":null,"abstract":"Co-management regimes are institutional innovations that hold the promise of achieving sustainable common-pool resource governance. However, the transition to such institutional regimes in coastal resource systems has faced challenges in many countries. This article examines the processes and outcomes of such institutional changes in coastal fisheries in Ghana, where the transition to co-management was unsuccessful. Combining theoretical perspectives from legal pluralism in legal anthropology and ideational theories of institutional change within institutional economics, the paper uses process tracing to examine the role of ideology and historical institutional dynamics of the resource context in the institutionalization and failure of co-management arrangements for governing coastal fisheries. The study finds that ideological conflicts and historical legacies of legal pluralism hindered the practice and outcomes of coastal fisheries co-management in Ghana. The article argues for particular attention to the historical institutional dimensions and underlying worldviews of the resource context in institutional interventions for sustainability in coastal resource systems.","PeriodicalId":47221,"journal":{"name":"Journal of Institutional Economics","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2024-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142268326","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","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 political institutions in the Eurozone's economic convergence process 政治机构在欧元区经济趋同进程中的作用
IF 2.2 2区 经济学
Journal of Institutional Economics Pub Date : 2024-09-19 DOI: 10.1017/s1744137424000213
Laura Lopez-Gomez
{"title":"The role of political institutions in the Eurozone's economic convergence process","authors":"Laura Lopez-Gomez","doi":"10.1017/s1744137424000213","DOIUrl":"https://doi.org/10.1017/s1744137424000213","url":null,"abstract":"This paper investigates the nexus between per capita income convergence and political institutions within the Eurozone. Employing data spanning the years 2002–2019, the research initially identifies multiple convergence clusters and subsequently examines the relationship between the creation of these clusters and different aspects of political institutions. The findings reveal that there are multiple steady states in the Eurozone, and their formation is notably influenced by political institutions alongside other conventional economic determinants derived from the Solow model. Furthermore, the study underscores that improvements in regulatory quality, as well as in aspects such as democracy, government effectiveness, and corruption control, positively impact income convergence across all member countries. These findings carry significant policy implications.","PeriodicalId":47221,"journal":{"name":"Journal of Institutional Economics","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2024-09-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142247547","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The economics of cognitive institutions: mapping debates, looking ahead 认知机构经济学：规划辩论，展望未来
IF 2.2 2区 经济学
Journal of Institutional Economics Pub Date : 2024-09-13 DOI: 10.1017/s174413742400016x
Daniil Frolov
{"title":"The economics of cognitive institutions: mapping debates, looking ahead","authors":"Daniil Frolov","doi":"10.1017/s174413742400016x","DOIUrl":"https://doi.org/10.1017/s174413742400016x","url":null,"abstract":"<p>In the philosophy of mind and cognitive science, there is a pronounced paradigm shift associated with the transition from internalism to externalism. The externalist paradigm views cognitive processes as not isolated in the brain, but as interrelated with external artefacts and structures. The paper focuses on one of the leading externalist approaches – extended cognition. Despite the dominance of internalism in economics, in its main schools, there is an emerging trend towards extended cognition ideas. In my opinion, economists might develop the most advanced version of the extended cognition approach: socially extended cognition based on cognitive institutions. This paper analyses extended cognition ideas in institutional, Austrian, and behavioural economics and identifies numerous overlapping approaches and complementary research areas. I argue that the economics of cognitive institutions is a promising field for all economic schools and propose a preliminary research agenda.</p>","PeriodicalId":47221,"journal":{"name":"Journal of Institutional Economics","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2024-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142224366","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Environmental enforcement, property rights, and violence: evidence from the Brazilian Amazon 环境执法、产权和暴力：巴西亚马逊地区的证据
IF 2.2 2区 经济学
Journal of Institutional Economics Pub Date : 2024-08-27 DOI: 10.1017/s1744137424000122
Gustavo Magalhães de Oliveira, Bruno Varella Miranda
{"title":"Environmental enforcement, property rights, and violence: evidence from the Brazilian Amazon","authors":"Gustavo Magalhães de Oliveira, Bruno Varella Miranda","doi":"10.1017/s1744137424000122","DOIUrl":"https://doi.org/10.1017/s1744137424000122","url":null,"abstract":"Conflicts over resources with poorly defined property rights have fuelled both deforestation and violence in the Brazilian Amazon. However, what happens when the State enhances its ability to monitor and enforce existing environmental laws? We study the case of the list of <jats:italic>Municípios Prioritários</jats:italic>, a policy that allocates additional resources to verify compliance with environmental laws in municipalities with high deforestation rates. Employing a difference-in-differences approach, our findings suggest that an improvement in the ability of the State to monitor and enforce environmental laws can reduce conflicts over the appropriation of value from resources with poorly defined property rights. Consistent with existing studies, we also find that the policy led to a reduction in deforestation rates in the Brazilian Amazon. Finally, we discuss the limitations of the current approach to curb violence in a region where the activity of mafias has considerably grown since the turn of the twenty-first century.","PeriodicalId":47221,"journal":{"name":"Journal of Institutional Economics","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2024-08-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142224367","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Economic freedom and academic freedom across nations 各国的经济自由和学术自由
IF 2.2 2区 经济学
Journal of Institutional Economics Pub Date : 2024-05-30 DOI: 10.1017/s1744137424000158
Niclas Berggren, Christian Bjørnskov
{"title":"Economic freedom and academic freedom across nations","authors":"Niclas Berggren, Christian Bjørnskov","doi":"10.1017/s1744137424000158","DOIUrl":"https://doi.org/10.1017/s1744137424000158","url":null,"abstract":"Academic freedom is a cornerstone of modern academic life. It is not only implied by basic liberal principles but also contributes to scientific progress and economic growth. It is therefore important to better understand what affects how free scholarly pursuits are, and to that end, we ask whether economic freedom can help explain variation in academic freedom across countries. In our case, relating the Economic Freedom of the World index and its five areas to V-Dem's index of academic freedom and its five areas reveals that the rule of law is positively and robustly related to academic freedom in all its forms. This suggests that the rule of law, in its general and broad sense, can arguably serve as a guarantor of academic freedom. Where the rule of law is weakened, academic freedom can be at risk. There are some indications that regulatory freedom is similarly related to academic freedom, but less robustly so, maybe indicating that interventionism in one policy area (economics) can breed interventionism in another (academia).","PeriodicalId":47221,"journal":{"name":"Journal of Institutional Economics","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2024-05-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141197933","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The political economy of foreign fighter death in the Russo-Ukrainian War: the role of institutions, politics, and international trade 俄乌战争中外籍战士死亡的政治经济学：制度、政治和国际贸易的作用
IF 2.2 2区 经济学
Journal of Institutional Economics Pub Date : 2024-04-22 DOI: 10.1017/s1744137424000109
Franklin G. Mixon, Richard J. Cebula
{"title":"The political economy of foreign fighter death in the Russo-Ukrainian War: the role of institutions, politics, and international trade","authors":"Franklin G. Mixon, Richard J. Cebula","doi":"10.1017/s1744137424000109","DOIUrl":"https://doi.org/10.1017/s1744137424000109","url":null,"abstract":"This empirical study extends the public choice literature on the allocation of death during war by examining the political economy of foreign fighter deaths in the Russo-Ukrainian War since the 24 February 2022 invasion. The study explores the roles played by various demographic factors, military institutions, and international trade relations in determining the number of foreign fighters from a variety of countries who have died in support of either Ukraine or Russia during the Russo-Ukrainian War. Unlike other related studies, this study also investigates the importance of, and finds evidence in support of, both economic freedom and a robust democracy in shaping the choices made by individuals around the globe to venture to, and die fighting on, the battlefields of Ukraine.","PeriodicalId":47221,"journal":{"name":"Journal of Institutional Economics","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2024-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140634939","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The Ostroms on self-governance: the importance of cybernetics 奥斯特罗姆夫妇谈自治：控制论的重要性
IF 2.2 2区 经济学
Journal of Institutional Economics Pub Date : 2024-04-22 DOI: 10.1017/s1744137424000079
Paul Lewis, Paul Dragos Aligica
{"title":"The Ostroms on self-governance: the importance of cybernetics","authors":"Paul Lewis, Paul Dragos Aligica","doi":"10.1017/s1744137424000079","DOIUrl":"https://doi.org/10.1017/s1744137424000079","url":null,"abstract":"This paper reveals a novel and perhaps surprising ingredient in the mix of influences that inspired and informed the work of Elinor and Vincent Ostrom on self-governance: cybernetics, understood as a theory of control via feedback mechanisms. Based on this crucial insight, the paper portrays self-governance as involving an architecture of multiple levels of so-called ‘second order’ feedback mechanisms. Such compounded systems of organization are the key to understanding any self-governance process and the paper argues that their intrinsic logic provides a critical link between the work of the Ostroms and the public choice and constitutional political economy perspectives on institutional order. The paper thereby offers both a fresh perspective on the Ostromian view of self-governance and also of also of governance theory in general.","PeriodicalId":47221,"journal":{"name":"Journal of Institutional Economics","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2024-04-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140634637","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Worker takeovers: a comparative analysis of employee buyouts, other worker-managed firms, and conventional firms in Uruguay 工人收购：乌拉圭雇员收购、其他工人管理的公司和传统公司的比较分析
IF 2.2 2区 经济学
Journal of Institutional Economics Pub Date : 2024-03-26 DOI: 10.1017/s1744137424000080
Andrés Dean
{"title":"Worker takeovers: a comparative analysis of employee buyouts, other worker-managed firms, and conventional firms in Uruguay","authors":"Andrés Dean","doi":"10.1017/s1744137424000080","DOIUrl":"https://doi.org/10.1017/s1744137424000080","url":null,"abstract":"<p>The economic crisis experienced by many developed countries over the past decade saw the emergence of the phenomenon of so-called recovered firms (RFs), or employee buyouts of failed capitalist firms (CFs). While it is obvious that one of the objectives sought by these workers is to keep their jobs, the subsequent performance of these firms is unclear. Are RFs more likely to fail than other worker managed firms (WMFs) or than CFs? Do RF workers get higher incomes than their peers in other WMFs or in CFs? This analysis is based on a linked employer–employee panel data set from Uruguayan social security administrative records. The main findings are that RFs survive longer than other WMFs or than CFs. However, RF workers receive incomes lower than those of their peers at other WMFs or at CFs. This income differential is explained partly by a brain drain process and specific human capital losses.</p>","PeriodicalId":47221,"journal":{"name":"Journal of Institutional Economics","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2024-03-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140298843","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The evolution of economies, technologies, and other institutions: exploring W. Brian Arthur's insights 经济、技术和其他机构的演变：探讨 W. 布莱恩-阿瑟的见解
IF 2.2 2区 经济学
Journal of Institutional Economics Pub Date : 2024-03-25 DOI: 10.1017/s1744137424000067
Thibault Schrepel
{"title":"The evolution of economies, technologies, and other institutions: exploring W. Brian Arthur's insights","authors":"Thibault Schrepel","doi":"10.1017/s1744137424000067","DOIUrl":"https://doi.org/10.1017/s1744137424000067","url":null,"abstract":"Technology is a complex adaptive system that is both shaped by, and shapes, institutional arrangements. This critical insight, developed in depth by W. Brian Arthur – the father of complexity economics – is relevant to researchers interested in institutions. Arthur provides a method for capturing the underlying dynamics. He offers conceptual tools centred on the concept of increasing returns to make sense of some crucial challenges. He also suggests technical tools, including agent-based modelling, to tackle ill-defined economic, legal, and institutional problems. This article explores his body of work and derives some institutional insights from it.","PeriodicalId":47221,"journal":{"name":"Journal of Institutional Economics","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2024-03-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140298762","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The economic institutions of artificial intelligence 人工智能的经济体制
IF 2.2 2区 经济学
Journal of Institutional Economics Pub Date : 2024-03-11 DOI: 10.1017/s1744137423000395
Sinclair Davidson
{"title":"The economic institutions of artificial intelligence","authors":"Sinclair Davidson","doi":"10.1017/s1744137423000395","DOIUrl":"https://doi.org/10.1017/s1744137423000395","url":null,"abstract":"This paper explores the role of artificial intelligence (AI) within economic institutions, focusing on bounded rationality as understood by Herbert Simon. Artificial Intelligence can do many things in the economy, such as increasing productivity, enhancing innovation, creating new sectors and jobs, and improving living standards. One of the ways that AI can disrupt the economy is by reducing the problem of bounded rationality. AI can help overcome this problem by processing large amounts of data, finding patterns and insights, and making predictions and recommendations. This insight raises the question: can AI overcome planning problems – could it be that central planning is now a viable option for economic organisation? This paper argues that AI does not make central planning viable at either the nation-state level or the firm level, simply because AI cannot resolve the knowledge problem as described by Ludwig von Mises and Friedrich Hayek.","PeriodicalId":47221,"journal":{"name":"Journal of Institutional Economics","volume":null,"pages":null},"PeriodicalIF":2.2,"publicationDate":"2024-03-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140106817","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","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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