Foundations of Law and Economics
Institutions as a Fundamental Cause of Long-Run Growth
Daron Acemoglu, Simon Johnson, and James A. Robinson
- Year
- 2005
- Venue
- Handbook of Economic Growth
- Level
- Advanced
Summary
Surveys the proposition that economic institutions shape investment incentives and long-run development. The chapter connects property rights, political power, distributional conflict, and institutional persistence while clarifying the difficulty of identifying causal effects.
Citation
Daron Acemoglu, Simon Johnson, and James A. Robinson. "Institutions as a Fundamental Cause of Long-Run Growth." Handbook of Economic Growth, 2005.
DOI: 10.1016/S1574-0684(05)01006-3
BibTeX
@article{Acemoglu2005Institutions,
title = {Institutions as a Fundamental Cause of Long-Run Growth},
author = {Daron Acemoglu, Simon Johnson, and James A. Robinson},
year = {2005},
journal = {Handbook of Economic Growth},
doi = {10.1016/S1574-0684(05)01006-3},
url = {https://doi.org/10.1016/S1574-0684(05)01006-3}
}