Chapter 38 Institutions and economic development

Theory of the firm: Managerial behavior, agency costs and ownership structure

1976 • 62,465 citations

Institutions, Institutional Change and Economic Performance

1991 • 26,746 citations

The Nature of the Firm

1937 • 23,029 citations

An Evolutionary Theory of Economic Change.

1983 • 22,584 citations

Governing the Commons: The Evolution of Institutions for Collective Action

1992 • 19,853 citations

An Economic Theory of Democracy.

1958 • 19,036 citations

Markets and Hierarchies: Analysis and Antitrust Implications.

1976 • 13,953 citations

The Logic of Collective Action: Public Goods and the Theory of Groups.

1966 • 12,252 citations

The Problem of Social Cost

2016 • 11,428 citations

Exit, Voice and Loyalty: Responses to Decline in Firms, Organizations, and States.

1970 • 10,905 citations

The Problem of Social Cost

1960 • 10,187 citations

Transaction-Cost Economics: The Governance of Contractual Relations

1979 • 9,609 citations

Production, Information Costs and Economic Organization

1996 • 9,220 citations

The Economic Institutions of Capitalism: Firms, Markets, Relational Contracting

1985 • 7,524 citations

Anarchy, State, and Utopia

1975 • 7,301 citations

Anarchy, State, and Utopia

2018 • 6,936 citations

A Theory of Fads, Fashion, Custom, and Cultural Change as Informational Cascades

1992 • 6,347 citations

The Great Transformation: The Political and Economic Origins of Our Time

2001 • 6,151 citations

Constitutions and Commitment: The Evolution of Institutions Governing Public Choice in Seventeenth-Century England

1989 • 5,053 citations

The Visible Hand: The Managerial Revolution in American Business

1978 • 4,885 citations

Structure and Change in Economic History

1983 • 4,416 citations

Institutions

1991 • 4,365 citations

Structure and Change in Economic History.

1982 • 4,237 citations

A Theory of Competition Among Pressure Groups for Political Influence

1983 • 4,186 citations

Toward a Theory of Property Rights

1974 • 4,040 citations

Uncertainty, Evolution, and Economic Theory

1950 • 4,028 citations

Governing the commons — the evolution of institutions for collective action

1992 • 3,579 citations

Great transformation: The political and economic origins of our time

1944 • 3,509 citations

An evolutionary theory of economic change

1982 • 3,376 citations

The Limits of Organization

1975 • 2,788 citations

The Conditions of Agricultural Growth

2017 • 2,658 citations

Agricultural Development: An International Perspective.

1972 • 2,428 citations

Cultural Beliefs and the Organization of Society: A Historical and Theoretical Reflection on Collectivist and Individualist Societies

1994 • 2,356 citations

The Rise of the Western World: A New Economic History.

1977 • 2,234 citations

Economic Analysis of Property Rights

1997 • 2,161 citations

Motivations to Remit: Evidence from Botswana

1985 • 2,033 citations

From Principles of Political Economy

2005 • 1,802 citations

Markets and States in Tropical Africa: The Political Basis of Agricultural Policies

1982 • 1,796 citations

A Theory of Social Custom, of Which Unemployment May be One Consequence

1980 • 1,632 citations

Attitudes Toward Risk: Experimental Measurement in Rural India

1980 • 1,610 citations

Asian Drama: An Inquiry into the Poverty of Nations

1969 • 1,472 citations

Principles of Political Economy with some of their Applications to Social Philosophy.

1911 • 1,447 citations

Rural Reforms and Agricultural Growth in China

2001 • 1,304 citations

The Soft Budget Constraint

1986 • 1,295 citations

Modern Economic Growth: Rate, Structure, and Spread. By Simon Kuznets. New Haven, London: Yale University Press [Montreal: McGill University Press]. 1966. Pp. x, 502. $11.00.

1967 • 1,276 citations

Sacrifice and Stigma: Reducing Free-riding in Cults, Communes, and Other Collectives

1992 • 1,202 citations

Principles of Political Economy: With Some of Their Applications to Social Philosophy

2000 • 1,172 citations

Organizations and Markets

1991 • 1,153 citations

Political Regimes and Economic Growth

1995 • 1,151 citations

Consumption Smoothing, Migration, and Marriage: Evidence from Rural India

1989 • 1,150 citations

Resistance to Reform: Status Quo Bias in the Presence of Individual-Specific Uncertainty: Comment

2004 • 1,059 citations

Economic Behavior and Institutions

1991 • 1,056 citations

The Economics of Caste and of the Rat Race and Other Woeful Tales

1976 • 1,014 citations

Some Economics of Property Rights

1965 • 1,009 citations

Agricultural development: An international perspective

1987 • 962 citations

Political Regimes and Economic Growth

1993 • 904 citations

Behavioural and material determinants of production relations in agriculture

1986 • 893 citations

The Theory of Economic Growth

1956 • 863 citations

Institutions and economic growth: An historical introduction

1989 • 859 citations

Modern Economic Growth: Rate, Structure, and Spread

1967 • 768 citations

Risk, Implicit Contracts and the Family in Rural Areas of Low-Income Countries

1988 • 767 citations

Self-Command in Practice, in Policy, and in a Theory of Rational Choice

2007 • 756 citations

Development Projects Observed

1968 • 753 citations

Land Tenure and Property Rights: Theory and Implications for Development Policy

1991 • 688 citations

A theory of self-enforcing agreements

1987 • 649 citations

The Impact of China's Economic Reforms on Agricultural Productivity Growth

1989 • 624 citations

Why Poor People Stay Poor. A Study of Urban Bias in World Development.

1977 • 615 citations

A Theory of Self-Enforcing Agreements

1980 • 607 citations

Power, distortions, revolt and reform in agricultural land relations

1995 • 599 citations

Modern Economic Growth: Findings and Reflections

1973 • 573 citations

A Theory of Primitive Society, with Special Reference to Law

1980 • 554 citations

The Economics of Institutions and the Sources of Growth

1986 • 551 citations

An Inquiry into the Nature and Causes of the Wealth of Nations

2015 • 539 citations

Induced Innovation. Technology, Institutions, and Development.

1979 • 531 citations

Land Policies and Farm Productivity in Thailand

1988 • 512 citations

The Evolution of Property Rights: A Study of the American West

1975 • 510 citations

Development Projects Observed

1967 • 505 citations

Indigenous Land Rights Systems in Sub-Saharan Africa: A Constraint on Productivity?

1991 • 502 citations

What Hunters Do for a Living, or, How to Make Out on Scarce Resources

2017 • 499 citations

Modern economic growth: findings and reflections

1973 • 496 citations

HOW TO REFORM A PLANNED ECONOMY: LESSONS FROM CHINA

1992 • 483 citations

Toward a theory of induced institutional innovation

1984 • 446 citations

Behavioral and Material Determinants of Production Relations in Land-Abundant Tropical Agriculture

1987 • 422 citations

Testing between Competing Models of Sharecropping

1987 • 419 citations

Economic behavior and institutions

1991 • 372 citations

The Structure of Protection in Developing Countries.

1972 • 360 citations

Asian Drama: An Inquiry into the Poverty of Nations

1968 • 352 citations

Preference Falsification, Policy Continuity and Collective Conservatism

1987 • 349 citations

The organization of work a comparative institutional assessment

1980 • 338 citations

Land and Labor Contracts in Agrarian Economies: Theories and Facts

1992 • 333 citations

Welfare Economics and the Theory of the State

1953 • 332 citations

Collectivization and China's Agricultural Crisis in 1959-1961

1990 • 331 citations

The Political Economy of Agricultural Protection: East Asia in International Perspective

2020 • 319 citations

The road to a free economy

1991 • 309 citations

The Virtues of Gradualism and Legitimacy in the Transition to a Market Economy

1992 • 308 citations

The Economic Role of the State

1989 • 279 citations

Economic Reform and Dynamic Political Constraints

1992 • 276 citations

Getting Ahead Collectively: Grassroots Experiences in Latin America

1984 • 276 citations

THE MANAGEMENT OF COMMON PROPERTY RESOURCES: Finding a Cooperative Solution

1987 • 264 citations

Moral Hazard, Financial Constraints and Sharecropping in El Oulja

1995 • 261 citations

A Theory of Price Control

1974 • 258 citations

The Rise and Fall of the Manorial System: A Theoretical Model

1971 • 258 citations

MIGHT MAKES RIGHTS: A THEORY OF THE FORMATION AND INITIAL DISTRIBUTION OF PROPERTY RIGHTS

1981 • 242 citations

Total Factor Productivity Change in China's Farming Sector: 1952-1989

1993 • 241 citations

Agrarian Problems and Peasant Movements in Latin America.

1972 • 235 citations

Institutional Change and American Economic Growth: A First Step Towards a Theory of Institutional Innovation

1970 • 235 citations

A Theory of Rationing by Waiting

1974 • 223 citations

Toward a Social Theory of Law: An Essay on the Study of Law and Development

1972 • 222 citations

Why Poor People Stay Poor: A Study of Urban Bias in World Development

1977 • 215 citations

The structure of protection in developing countries

1972 • 211 citations

The problem with neoclassical institutional economics: A critique with special reference to the North/Thomas model of pre-1500 Europe

1981 • 210 citations

Economic Variables and the Development of the Law: The Case of Western Mineral Rights

1978 • 205 citations

The Evolution of Property Rights

1989 • 204 citations

The growth and decay of custom: The role of the new institutional economics in economic history

1987 • 203 citations

Economics of Development: Empirical Investigations.

1977 • 197 citations

Fallibility in Human Organizations and Political Systems

1991 • 193 citations

Population Growth and the Decline of Common Property Resources in Rajasthan, India

1985 • 189 citations

Risk Sharing, Sharecropping and Uncertain Labour Markets

1977 • 182 citations

Economic forces at work

1977 • 174 citations

The Rise of the Western World: A New Economic History

1973 • 173 citations

Alternative theories of sharecropping: Some tests using evidence from northeast India

1977 • 172 citations

AN ECONOMIC THEORY OF INSTITUTIONAL CHANGE: INDUCED AND IMPOSED CHANGE

1989 • 171 citations

The Spread of Economic Growth to the Third World: 1850-1980

1983 • 166 citations

ECONOMIC ORGANIZATION, INFORMATION AND DEVELOPMENT

1988 • 155 citations

European Peasants and Their Markets

2015 • 152 citations

The Enclosure of Open Fields: Preface to a Study of Its Impact on the Efficiency of English Agriculture in the Eighteenth Century

1972 • 148 citations

A Theory of Contract Choice and the California Gold Rush

1977 • 139 citations

A study in resistance to institutional change: The lost game of Latin American land reform

1989 • 133 citations

A framework for analyzing the state in economic history

1979 • 131 citations

The Household Responsibility System Reform in China: A Peasant's Institutional Choice

1987 • 129 citations

The organization of work

1982 • 128 citations

The political economy of stabilization: Commitment, capacity, and public response

1984 • 119 citations

THE COMMON FIELDS¹

1964 • 117 citations

Neoclassical political economy: The analysis of rent-seeking and DUP activities

1985 • 115 citations

Hume's moral and political philosophy

1948 • 111 citations

The Machine Process in Agriculture and Industry

1950 • 108 citations

Interest Groups and the Demand for Agricultural Research

1978 • 105 citations

The Economics of Under-Developed Countries

1958 • 102 citations

THE NEW POLITICAL ECONOMY: ITS EXPLANATORY POWER FOR LDCs*

1990 • 101 citations

Essays in Trespassing

1981 • 101 citations

Labour mobility and the boundaries of the village moral economy

1986 • 97 citations

Reforming economic systems in developing countries

1991 • 95 citations

Share contracts and their rationale: Lessons from marine fishing

1992 • 87 citations

Institutions and the Rising Economic Value of Man

1968 • 87 citations

WHY ECONOMIC REFORMS FAIL IN THE SOVIET SYSTEM–A PROPERTY RIGHTS‐BASED APPROACH

1990 • 82 citations

The Economics of Under-Developed Countries

1958 • 80 citations

Asian Village Economy at the Crossroads

1983 • 79 citations

From common fish to rights based fishing

1991 • 76 citations

The efficiency of the mesta: A parable

1989 • 76 citations

The New Institutional Economics and Development - Theory and Applications to Tunisia

1989 • 74 citations

Cattlemen's associations and property rights in land in the American West

1976 • 72 citations

Agriculture in development: A coalitional analysis

1980 • 62 citations

Public choice of economic policy: The growth of agricultural protection

1987 • 59 citations

Power, distortions, revolt, and reform in agricultural land relations

1993 • 54 citations

Production Relations in Semi‐Arid African Agriculture

1991 • 51 citations

New institutional economics and development

2024 • 50 citations

Institutions and Agriculture in Old Regime France

1988 • 50 citations

Monitoring Costs in Chinese Agricultural Teams

1993 • 50 citations

Life on the English Manor: A Study of Peasant Conditions, 1150-1400

1939 • 49 citations

Social Science Knowledge and Institutional Change

1984 • 49 citations

Towards an Economic Theory of the Creation and Specification of Property Rights

1972 • 46 citations

The Evolution of Private Property in Nineteenth-Century Hawaii

1990 • 44 citations

ECONOMIC PRINCIPLES IN THE EMERGENCE OF HUMANKIND

1992 • 43 citations

Accelerating Privatization in Eastern Europe: The Case of Poland

1991 • 39 citations

ALTERNATIVE APPROACHES TO DEVELOPMENT ECONOMICS

1988 • 39 citations

The evolution of private mineral rights: Nevada's Comstock Lode

1978 • 37 citations

Price distortions in developing countries: A bias against agriculture

1980 • 37 citations

Institutional innovation and agricultural development

1989 • 36 citations

Government Support of Private Claims to Public Minerals: Western Mineral Rights

1979 • 35 citations

Bureaucrats and Indians: Principal-agent relations and efficient management of tribal forest resources

1994 • 34 citations

Patterns of agricultural protection

1983 • 32 citations

The Decline of Property Rights in Man in Thailand, 1800–1913

1989 • 30 citations

Tribes, Chiefs, and Transhumance: A Comparative Institutional Analysis

1993 • 30 citations

Technology, Transaction Costs, and the Transition to Factory Production in the British Silk Industry, 1700–1870

1987 • 29 citations

The Public Stake in Union Power.

1960 • 29 citations

The Afghan Economy

1974 • 29 citations

Technology and preferences in the Boserup model of agricultural growth

1988 • 29 citations

Stephen J. Field and Public Land Law Development in California, 1850-1866: A Case Study of Judicial Resource Allocation in Nineteenth-Century America

1976 • 27 citations

Share contracting for California Gold

1978 • 27 citations

Labor-Service Tenancy Contracts in a Latin American Context

1992 • 26 citations

Exit Rights, Exit Costs, and Shirking in Agricultural Cooperatives: A Reply

1993 • 24 citations

Community and Market in Contract Choice: The Jeepney in the Philippines

1986 • 23 citations

Transaction Cost Economics and Contractual Choice: Theory and Evidence* *The authors gratefully acknowledge the useful comments of Lee Alston, David Feeny, Bruce Herrick, Timur Kuran, Mustapha Nabli, Keijiro Otsuka, Jean-Philippe Platteau, Murray Wolfson and numerous participants of the University of Warwick's Seminar in Economic Development held in July 1986 on earlier versions of this paper.

1989 • 20 citations

The theory of induced institutional innovation: a critique

1988 • 19 citations

The development of exclusive property rights to land in England: An exploratory essay

1979 • 19 citations

Productivity consequences of alternative land division methods in China's decollectivization An econometric analysis

1993 • 15 citations

Decision Making and Modern Institutional Change

1973 • 15 citations

Risk and Insurance in Village India

2000 • 14 citations

The Afghan Economy. Money, Finance and the Critical Constraints to Economic Development.

1975 • 14 citations

On economics, agriculture, and the political economy

1976 • 13 citations

Property Rights and Investment Incentives: Theory and Micro-Evidence from Ghana

1993 • 13 citations

Economics of development—Empirical investigations

1977 • 12 citations

The economic theory of agrarian institutions

1991 • 10 citations

The Political Economy of Productivity

2007 • 9 citations

The Political Economy of the American West

1995 • 8 citations

The Craft Guilds of Tunis and their Amins: A Study in Institutional Atrophy* *The bulk of the research embodied in this paper was carried out during visits to Tunis in 1983, 1984, and 1986. In the course of my visits I benefited from discussions with Mohamed Talbi, Taoufik Bachrouch, and Ahmed Boubaker, and my field work was facilitated by Mohamed Matoussi, Jamel Chichti, Mongi Azabou, and Mustapha Nabli. Both Reuven Brenner and Jeffrey Nugent read the first draft of the paper and made valuable…

1989 • 8 citations

Contractual Choice in Tax Collection Activities: Some Implications of the Experience with Tax Farming

2016 • 7 citations

The Size Distribution and Ownership Type of Firms in Tunisian Manufacturing* *The authors express their gratitude to Bruce Herrick, Timur Kuran, Carl Liedholm, Donald Mead, Mario Tello and numerous seminar participants in Paris, USC and Calcutta for useful comments, references and suggestions, and to the Institut National de la Statistique for supplying unpublished data used in this study.

1989 • 5 citations

Civil Institutions and Evolution

1995 • 4 citations

From Import Substitution to Outward-Orientation: Some Institutional and Political Economy Conditions for Reform

1992 • 3 citations