合同执行机构的选择：综述

IF 0.4 Q4 ECONOMICS

Journal of Interdisciplinary Economics Pub Date : 2022-03-27 DOI:10.1177/02601079221083477

Indervir Singh

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引用次数: 0

摘要

在执行合同方面，所有公共和私人秩序机构都有长处和短处。一般来说，低成本的法律体系和多边声誉机构对一个国家的长期发展比双边声誉和私人执法更重要。机构的效率和成本因地而异。研究发现，在欠发达经济体中，使用私人秩序机构的成本往往低于公共秩序机构。虽然现有文献大大增加了我们对合同执行机构的理解，但这些机构之间的互补性问题直到最近才受到关注。调查这一问题可能会大大增强我们对执法机构及其经济影响的了解。JEL:K12，K42

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The Choice of Contract-enforcement Institutions: A Review

All public- and private-order institutions have strengths and weaknesses when it comes to the enforcement of contracts. In general, the availability of a low-cost legal system and multilateral reputation institutions is found to be more important for the long-term development of a country than bilateral reputation and private enforcement. The efficiency and cost of institutions differ considerably from place to place. The studies have observed that the cost of using private-order institutions is often lower than public-order institutions in underdeveloped economies. While the existing literature has substantially added to our understanding of contract-enforcement institutions, the issue of complementarity among these institutions has only recently received attention. Investigating this issue may considerably enhance our understanding of enforcement institutions and their economic impact. JEL: K12, K42

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来源期刊

Journal of Interdisciplinary Economics ECONOMICS-

CiteScore

1.40

自引率

0.00%

发文量

期刊介绍： The explosion of information and research that has taken place in recent years has had a profound effect upon a variety of existing academic disciplines giving rise to the dissolution of barriers between some, mergers between others, and the creation of entirely new fields of enquiry.