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Institutional Change and American Economic Growth

L. E. Davis, Douglass C. North
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      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.
      Format: CONTRIBUTORS: L. E. Davis, Douglass C. North EAN: 9780521086370 COUNTRY: United Kingdom PAGES: WEIGHT: 430 g HEIGHT: 229 cm
      PUBLISHED BY: Cambridge University Press DATE PUBLISHED: 2008-12-11 CITY: GENRE: HISTORY / Europe / Great Britain / General WIDTH: 152 cm SPINE:

      Book Themes:

      United States of America, USA, 19th century, c 1800 to c 1899, 20th century, c 1900 to c 1999, Social and ethical issues, Economic history

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      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.
      Format: CONTRIBUTORS: L. E. Davis, Douglass C. North EAN: 9780521086370 COUNTRY: United Kingdom PAGES: WEIGHT: 430 g HEIGHT: 229 cm
      PUBLISHED BY: Cambridge University Press DATE PUBLISHED: 2008-12-11 CITY: GENRE: HISTORY / Europe / Great Britain / General WIDTH: 152 cm SPINE:

      Book Themes:

      United States of America, USA, 19th century, c 1800 to c 1899, 20th century, c 1900 to c 1999, Social and ethical issues, Economic history

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