Questions related to Institutional Economics
A quest for real-world examples (Best Practices) from developing countries.
Some research findings show that there is a significant relationship observed between entrepreneurship education and entrepreneurial culture. Given the private sector’s involvement is essential in economic development and also that the capacity to recruit new graduates in the formal sector is very much limited, it’s highly vital that existing and new entrepreneurial cultures are adequately exploited. And, it is also necessary to link this cultural dimension with formal entrepreneurial education.
Is there any program/project successfully implemented so that those two issues are properly linked and resulted in achieving the desired goal (As Best Practice)? (Good if country and program/project examples are mentioned.)
After running some regression, as well as the correlation matrix, I find that where corruption increase government spending diminishes especially military ones. Yet the literature highlights that we should observe the reversal phenomenon. No matter the regression I run, the result is meaningful. I'm finding explanation to this result
Cognitive pillar refer to those that determine the extent to which wider belief systems and cultural frames are imposed on or adopted by individual actors and organizations. And informal institutions also refer to cultural beliefs..
Doing better with less in the form of frugal innovation is the need of the hour especially under resource constraints.
What I really interested in is to understand whether cross-country differences in political regimes are stemming from variations in cultural/religious factors or they are just results of differences in economic conditions such as the distribution of wealth, income, or power.
I would like to combine the GEM (Global Entrepreneurship Monitor) dataset (observations from 2002-2015) with the GLOBE Phase 2 aggregated observations (study from 2004 - Entrepreneurial culture). My question is now whether it would be correct to extrapolate the GLOBE observation for the missing years or not.
If this is not possible, I could only use all observations from the GEM dataset for 2004 only.
Thank you very much for your help!
Our ministry questiond the impact which our science has on society and economy in Kazakhstan... Now a small group of our scientists (Farida Alzhanova and me) are studying foreign experience. Which indicators Norway use to evaluate this impact? and can we cooperate in a long-term base with OSIRIS?
My name is Arkadiusz Derkacz.
I am looking for interested scientists from outside Poland who are interested in researching transactions carried out in the company in the context of the new institutional economics. I would like to jointly define the institutional matrix for human activity in the company. Scientific foundations are mainly based on O.E. Williamson transaction concept.
I'm really interested in any theoretical or empricial work that is being undertaken to look at the power of relationships. In particular professional relationships developed between youth professionals and young people involved in the youth justice system. In this context I am interested in discussions about how such committed relationships can moderate, internalise or otherwise engage, negotiate and overcome 'externalities' - adapting the discourse from institutional economics to potentially informing youth justice interventions.
I'd like to ask from my colleagues- the distinguished social science's researchers who are focused on studying the development of (formal & informal) institutions in terms of the geographical visualization of economic development. My aim of the 20-year scientific observations is to carry out the parallels between the sectoral economic development in any point of the globe and the development of institutional relations (both formal & informal). As a general rule, most highly developed human organizations (formal institutions) on the basis of advanced rules of game are located in developed countries and due diminishing transaction costs, those institutes attracted the most talented individuals. Based on opportunistic behavior of individuals given perfection and quite acceptable rules of the game, it could be possible to argue about globalization, which contributes to rather fusion/ merge, than "clash of civilizations" (termin of Prof. Samuel Huntington).
Therefore, I am looking for opportunities to read about the newly developed area of social sciences, an an intersection of :
1) economic sociology,
2) neo institutional economics,
3) economic geography,
4) international economic development,
5) political sciences & international relations and many other fields.
I will highly appreciate your replies.
With the best regards,
Ragip BAYRAMBEYLI (Kirsehir AE University, PhD Candidate, History) email@example.com
- What is the role of African states and institutions in economic and social development of the world?
- How multilateral development institutions and European Union agencies could contribute to regional development in Africa?
- What are the opportunities and present risks for Africa today
- What are the key requests and expectations from Africa for the next decade?
- What are the major challenges to Africa’s security?
- Which African platforms provide solutions in a world without borders?
- Which programs, discussion platforms and international institutions step in to fill the gaps in promoting understanding, unity and equality in Africa?
- What are the major public-private partnerships and key enabling factors to accelerate investments in Africa?
In economic point of view, how to proceed if i'm interested to study the existing structure of an institutional system, to identify constraints, and improve efficiency? Any basic tools, methods in it?
Thanks in advance.
Hello experts, i want to work on the effect of government increasing external debt on financial markets, i want to know if there is existing theory or literature related? Also if there is the need to use an overlapping generation model to determine the payback procedure?
Corporates, generally, have well defined rules and regulations. They have their infrastructure, plant & machinary etc. which is difficult to dismantle time and again with changes in the environment. In big firms, the Corporate Bureaucracy, which is limiting factor for innovation and which leaves no space for entrepreneurship, is well known. Then why are living with term Corporate Entrepreneurship.
The current lending system we know is basically based on the collateral based whether it is directly or indirectly. Banks or financial institutions are using credit ratings to justify their security and that's all. What I want to know and have ideas and opinions from the scholars, is it possible to transform this collateral based lending system to fully risk-based lending system
The audit firm rotates the audit partner prior to mandatory audit rotation in many cases such as https://pcaobus.org//News/Releases/Pages/04012015_Enforcement.aspx.
I want to know how regulators investigate the audit firms that violates the audit partner rotation rules in low investor protection countries like China and Pakistan.
Since 1989， Indonesia have promulgated more than ten versions fo its investment negaitive list for both foreign and domestic investment. I want to know more about how the researchers view such lists and the problems arising from it.
I am conducting research on bank efficiency. However, when I run the DEA analysis on the solver platform by Zhou, efficiency scores are all around 1 in fact only 7 observations are less than 1 in a sample of 80. I presume I got the wrong inputs and outputs. My inputs are total assets,staff expenses and other expenses. Outputs are interest revenue, other revenues, total deposits and loans and advances. Anything amiss. I would appreciate your insight. Should I revert to the efficiency ratio?
Hi, I want to use Delta test for my panel model's homogeneity. But Pesaran-Yamagata (2008) Gauss codes for X1,X2. But I have 4 explanatory variable. How can I transform the Gauss Code for this test?
My main problem is about X matrices.
(Also I'll be thankful for recommend other ways in eviews or stata)
Economics uses classical game theory (John von Neumann, Oskar Morgenstern), but there is also combinatorial game theory (Elwyn Berlekamp, John Conway), which I find potentially fruitful. Combinatorial games have been put in an auction play framework, essentially using a hybrid approach of classical and combinatorial games. In combinatorial game theory, hot and cold games could be useful, as well as thermography and sente/gote. Where is the state of the art of combinatorial games in economics?
I'm assessing the measures that government in developing countries has done to support the private sector, but I don't know how to categorize these measures. For instance, I can do a classification by production stages. But I'm not sure that it can cover all the measures or be a complete one.
Every help is appreciated.
As the technology & IT sector is growing, it is not unusual to see job saturations and unemployment.
It starts with a win-win situation where the government keeps spending and giving incentives and more and more jobs arise and high wage rates offered ; with more and more people coming and getting jobs until the classic supply-demand question arises. You see profits going down and mergers/acquisitions start. You can see people going jobless every day. So we embark on a lose-lose situation, Now what to do?
So how to tackle that from Institution perspective and what are the survival strategies for laid-off employees.
Kindly share your views backed with available supported research/results.
In must of, so call developed societies, there are important economic sectors which have been heavily regulated by state agencies, must of the them are because social, economic or environmental interests. In general, social security, infrastructure (energy, telecom, water, transportation, ports, airports, etc) as well as others activities related to environmental protection or education investments (Schools and Universities). So, how those regulations and particularly, the learning trajectory under those dynamic institutions set ups, are constraining or improving economic performance of the economy. I understand democracy performance in a context where society goal is possible to be achieved under low social and transaction cost.Somehow it is very much to do with the way society solve conflicting issues regarding new expectations as for example, carbon neutrality or total renewable energy balance.
Please tell me if you have research theory, cases or ideas on how to face this relationship.
Has anyone ever conducted choice experiments on alternative contracting arrangements in farming or anything similar? For example, providing processors/traders with alternative contract choices with farmers. I would like to analyze which types of contracts are most attractive for farmers versus millers in order to stimulate better linkages through improved coordination. Any suggestions?
Per the literature on transaction cost economics, capitalist contracts are not enforceable in situations of uncertainty. Yet, what exactly are the constraints that set in motion the demand for endogenous enforcement institutions?
And, accordingly, which research methods would be most appropriate for identifying changes on different levels of the institutional structure (environment)?
I am writing a chapter in my thesis on the evolution of polish electoral law in the context of its impact on the budget process. I believe that the concept of path-dependence could constitute an useful framework for that purpose, but the research on path-dependence I encountered is methodologically vague. Hence I ask if there exist an established methodological framework which could help me in this regard.
I want indicators for an organization's financial strength not ROA , others please.
I wish to incorporate the variable(s) that represent governance as an explanatory variable for agricultural productivity? How the term "governance" could be related here? Can someone suggest few variables that can be used as proxies?
Evidence supports two hypotheses: (1) that higher levels of pre-conflict democracy facilitate peaceful negotiation and reduce the incidence of conflict; (2) that higher expected levels of post-conflict democracy reduce the opportunity cost of war, and thus increase the incidence of conflict.
Is it fair to assume we have now crossed the rubicon and things are more tune with steady progress now and for another decade or more to come? While AIG and GM seem to need more help in the USA, banks have been building new markets. European banks of course seem to be hit because of the lack of viable collateral and fast closing avenues of fresh equity. Also maybe the use of Contingent Capital is not fair and Europe is actually headed for more trouble within banking?
This article evaluates Herbert A. Simon’s contribution to organization theory, placing special emphasis on the criterion of bounded rationality. Simon’s criticism of the orthodox version of organizational bureaucracy is interpreted and his analysis is extended to institutional economics. One of Simon’s main achievements in organizational theory consisted of analytically evaluating the psychology of individual and collective behaviour, thereby opening up the way for future investigation by D. Kahneman and T. Schelling.
My paper with Ani Mitra and Arnab Biswas suggests that it does, on average, but that it may not have any impact in countries where women are worst-off, and in the worst cases media freedom may even worsen matters. In highly unequal societies, increasing educational attainment overall, along with other strategies to promote development and economic growth seem to matter more.
The Ethiopian Commodity Exchange (ECX) is seen as a model for other African countries, where most commodity exchanges are languishing. Although new, the number of studies on the ECX is rising and many are negative. African agricultural markets can certainly benefit from improvement: transaction costs and risks in these markets are high. A commodity exchange is seen as an institutional arrangement that would solve many of these problems. But it is difficult to "get right" and introduces new problems.