Siddiqui, Danish Ahmed and Ahmed, Qazi Masood (2009): Institutionalized Social Technologies Index: A Global Perspective.
Preview |
PDF
MPRA_paper_19746.pdf Download (1MB) | Preview |
Abstract
This paper presents an index of institutionalized social technologies covering its two main dimensions namely Risk reducing technologies and Anti Rent seeking technologies and in turn covers several social, institutional, political and economic aspects. Specifically it attempted to classify and measure various types of institutions based on a theoretical framework, these institutional indicators are then aggregated to measure cross country institutional qualities of 141 countries. We also test provide a comparison with other major indices.
Item Type: | MPRA Paper |
---|---|
Original Title: | Institutionalized Social Technologies Index: A Global Perspective |
Language: | English |
Keywords: | institutions; social technologies; social capital; index; weighting; world; aggregation; principal component; rent seeking; risk; corruption; property rights; index; normalization |
Subjects: | D - Microeconomics > D2 - Production and Organizations > D23 - Organizational Behavior ; Transaction Costs ; Property Rights Z - Other Special Topics > Z1 - Cultural Economics ; Economic Sociology ; Economic Anthropology C - Mathematical and Quantitative Methods > C4 - Econometric and Statistical Methods: Special Topics > C43 - Index Numbers and Aggregation O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O43 - Institutions and Growth D - Microeconomics > D0 - General > D02 - Institutions: Design, Formation, Operations, and Impact P - Economic Systems > P4 - Other Economic Systems > P48 - Political Economy ; Legal Institutions ; Property Rights ; Natural Resources ; Energy ; Environment ; Regional Studies Z - Other Special Topics > Z1 - Cultural Economics ; Economic Sociology ; Economic Anthropology > Z13 - Economic Sociology ; Economic Anthropology ; Social and Economic Stratification D - Microeconomics > D7 - Analysis of Collective Decision-Making > D72 - Political Processes: Rent-Seeking, Lobbying, Elections, Legislatures, and Voting Behavior P - Economic Systems > P2 - Socialist Systems and Transitional Economies > P26 - Political Economy ; Property Rights |
Item ID: | 19746 |
Depositing User: | Danish siddiqui |
Date Deposited: | 07 Jan 2010 08:26 |
Last Modified: | 01 Oct 2019 05:31 |
References: | Acemoglu, Daron. 1995. “Reward structures and the allocation of talent.”, European Economic Review 39:17-33. Acemoglu, Daron. and Johnson, S. 2005. “Unbundling Institutions.” Journal of Political Economy 113: 949-95. Acemoglu Daron and Thierry Verdier. 1998. “Property Rights, Corruption and the Allocation of Talent: A General Equilibrium Approach.”, Economic Journal volume 108 (September): 1381-1403. Alesina A.O. Sule, R. Nouriel, and P. Swagel. 1992. “Political Instability and Growth.” NBER Working Paper No. 173. Cambridge, MA:MIT Press. Baumol, W. 1993. “Entrepreneurship, Management, and the Structure of Payoffs.” Cambridge, MA.: MIT Press. Baumol, W.J. 1990. “Entrepreneurship: Productive, Unproductive and Destructive”, Journal of Political Economy 98(5): 893–921. Bertelsmann Foundation , Bertelsmann Transformation Index (BTI). Berlin: Germany. http://www.bertelsmann-stiftung.de/. Boettke P.J. and Subrick J.R. 2002. “Rule of Law, Development and Human Capabilities.” Supreme Court Economic Review 10: 109-126. Boserup E. 1996. “Development theory: an analytic framework and selected application.” Population and Development Review 22: 505–515. Business Environment Risk Intelligence (BERI),Geneva: Switzerland http:// www.beri.com. Chong A., Calderon G. 2000.” Institutional quality and income distribution.” Economic Development and Cultural Change 48 (4): 761–786. Coase Ronald . 1937. “The Nature of the Firm.” Economica 4(16): 386-405. Coase Ronald . 1960. “The Problem of Social Cost.” Journal of Law and Economics 3: 1-44. Cozzi G. 2001. “Inventing or spying? Implications for growth.” Journal of Economic Growth 6: 55–77. Day R., Walter J. 1987. “Economic growth in the very long run: on the multiple-phase interaction of population, technology, and social infrastructure.” In “Economic Complexity: Chaos, Sunspots, Bubbles, and Nonlinearity.” ed: Barnett W., Geweke J., Shell K. Cambridge, MA.: Cambridge University Press, De Long J.B., Shleifer A. 1993. “Prince and merchants: governments and city growth before the industrial revolution.” Journal of law and Economics 36: 671-702. Djankov Simeon, La Porta Rafael, Lopez-de-Silanes Florencio, and Shleifer Andrei. 2002. “The Regulation of Entry.” Quarterly Journal of Economics 67(1) (February):1- 37. Ellickson Robert. 1991. “Order without Law: How Neighbors Settle Disputes” Cambridge: Harvard University Press Frye T. and Shleifer A. 1997. “The Invisible Hand and the Grabbing Hand.” American Economic Review Papers and Proceedings 87: 354--58. Galanter Mark. 1981.“Justice in Many Rooms: Courts, Private Ordering, and Indigenous Law.” Journal of Legal Pluralism 19:1-47. Gould David M. and P. Gruben. 1996. “The Role of Intellectual Property Rights in Economic Growth.” Journal of Development Economics 48(2): 323-350 Grigorian David A. and Martinez A. 2001. “Industrial growth and the quality of institutions: what do (transition) economies have to gain from the rule of law?” Journal for Institutional Innovation, Development and Transition 5: 73–82. Global Integrity. various editions. “Global Integrity Report.” Washington DC: USA, http://www.globalintegrity.org/. Grossman, Sanford and Oliver Hart. 1986. “The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Ownership.” Journal of Political Economy 94: 691-719. Gupta S., Davoodi H. and Tiongson E.R. 2001. “Corruption and the provision of health care and education services.” In “The Political Economy of Corruption.” ed: Jain, A.K. Routledge: London:111–141. Gwartney, James; Robert Lawson. 2001. “Economic Freedom of the World: Annual Report.” Economic Freedom Network. Fraser Institute http://www.freetheworld.org/. Gwartney J. and Lawson Robert with Norton Seth. 2008. “Economic Freedom of the World: 2008 Annual Report". Economic Freedom Network. Fraser Institute Gwartney J. Holcombe R. and Lawson R. 1998. “The Scope of Government and the Wealth of Nations.” Cato Journal 18:163--90. Gwartney J. Holcombe R. and Lawson R. 1999. “Economic Freedom and the Environment for Economic Growth.” Journal of Institutional and Theoretical Economics 155: 643--663. Hall, R. E., & Jones, C. 1999. “Why do some countries produce so much more output per worker than others?” Quarterly Journal of Economics 114(1): 83–116. Hall P. and Taylor R. 1994. “Political Science and the Four New Institutionalisms.” Working paper, Department of government, Harvard University. Hart Oliver. 1995. “Firms, Contracts, and Financial Structure.” Oxford: Oxford University Press, Hart Oliver and John Moore. 1990. “Property Rights and the Nature of the Firm.” Journal of Political Economy 98: 1119-1158. Political Risk Services(PRS). International Country Risk Guide(ICRG). New York http://www.prsgroup.com/. Jones Eric L. 1981. “The European Miracle: Environments, Economies, and Geopolitics in the History of Europe and Asia.” New York: Cambridge University Press, Johnson S., Kaufmann D. and Zoido-Lobaton P. 1998. “Government in Transition: Regulatory Discretion and the Unofficial Economy.” The American Economic Review 88: 387-392. Johnson S., McMillan J. and Woodruff C. 1999. “Why do Firms Hide? Bribes and Unofficial Activity After Communism.” Research Discussion Paper no. 2105. Centre for Economic Policy Johnson S., McMillan J. and Woodruff C. 2000. “Entrepreneurs and the Ordering of Institutional Reform: Poland, Slovakia, Romania, Russia and the Ukraine Compared.” Economics of Transition 8: 1-36. Kanwar Sunil and Evenson Robert E. 2001. “Does Intellectual Property Protection Spur Technological Change.” Yale Economic Growth Center Discussion Paper No. 831, Yale University. Kaufmann Daniel, Kraay Aart and Mastruzzi Massimo. 2008. "Governance Matters VII: Governance Indicators for 1996-2007." World Bank Policy Research (June) Keefer P. 2004. “What does political economy tell us about economic development – and vice versa?” World Bank Policy Research Working Paper no. 3250. World Bank Keefer P., Knack S. 2002. “Social Polarization, Political Institutions and Country Creditworthiness.” In “Collective Choice: Essays in Honor of Mancur Olson.” ed. Dennis Coates and Jac Heckelman. New York: Springer Verlag:165–186 Kormendi R.C. and P.G. Meguire,1985. “Macroeconomic determinents of Growth: Cross-Country evidence.” Journal of Monetary Economics 16:141-163 La Porta Rafael, López-de-Silanes Florencio, Shleifer Andrei and Vishny Robert. 1997. “Legal Determinants of External Finance.” Journal of Finance 52(3):1131-1150. La Porta Rafael, López-de-Silanes Florencio, Shleifer Andrei and Vishny Robert. 1998. “Law and Finance.” Journal of Political Economy 106(6):1113-1155. Lamsdorff Johann G. 2004. “How Corruption Affects Economic Development.” Transparency International Londregan J. B. And Poole K. T. 1990. “ Poverty, the Coup Trap, and the Seizure of Executive power.” World Politics 42:151-183. Lucas R. E. 1988. “On mechanism of economic planning.” Journal of Monetary Economics 21(1): 3–42. Macaulay Stewart. 1963. “Non-Contractural Relationships in Business: A Preliminary Study.” American Sociological Review 28: 55-70. Magee Stephen P., William A. Brock and Leslie Young. 1989. “Black Hole Tariffs and Endogenous Policy Theory,” Cambridge: Cambridge Univ. Press. Manly B. 1994. “Multivariate statistical methods.” UK:Chapman & Hall. Marshall Monty G. and Jaggers Keith." POLITY IV PROJECT" Center for Systemic Peace http://www.systemicpeace.org/polity/. McMillan J.,G.Rausser and S. Johnson. 1991, “Freedoms and economic growth.” Working paper, Institute of Policy Reforms, Washington. DC Mehlum Halvor, Moene Karl and Torvik Ragnar. 2003. "Destructive Creativity." Nordic Journal of Political Economy 29:77-84. Miller Terry, Holmes Kim R., with Kim Anthony B., Markheim Daniella, Roberts James M., and Walsh Caroline.,2009. "2009 Index of Economic Freedom" The heritage Foundation and Dow Jones & Company, Inc. Murphy Kevin, Andrei Shleifer and Robert W. Vishny. 1991. “ The Allocation of Talent: The Implications For Growth.” Quarterly Journal of Economics 106:503-530. Nelson Richard R. and Sampat Bhaven N. 2001. “Making Sense of Institutions as a Factor Shaping Economic Performance.” Journal of Economic Behavior and Organization 44:31-54. Nelson Richard R. 2007. “Institutions, “Social Technologies”, and Economic Progress.” Working Paper Series no. 2007-03. The Global Network for Economics of Learning, Innovation, and Competence Building System http:// www.globelics.org/. Nicoletti G., Scarpetta S. and Boylaud O. 2000. “Summary indicators of product market regulation with an extension to employment protection legislation.” OECD, Economics department working papers No. 226, ECO/WKP(99)18. http://www.oecd.org/eco/eco. North D. C. 1981. “Structure and Change in Economic history.” New York : Norton. North D. C. 1990. “Institutions, institutional change and economic performance.” Cambridge, MA: Cambridge University Press, New York North D., Wallis J. 1994. “Integrating institutional change and technical change in economic history: a transaction cost approach.” Journal of Institutional and Theoretical Economics: 609–624. Olson Mancur. 1993. “Dictatorship, Democracy and Development.” American Political Science Review 87(3):567-576 Olson Mancur. 2000. “Power and Prosperity: Outgrowing Communist and Capitalist Dictatorships.” Oxford: Oxford University Press. Pelikan Pavel. 2003.” Bringing institutions into evolutionary economics: another view with links to changes in physical and social technologies.” Journal of Evolutionary Economics. 13(3): 237-258, Powell W., DiMaggio P. 1991. “The iron cage revisited: institutional isomorphism and collective rationality in organizational fields.” In “The New Institutionalism in Organizational Analysis.” ed. Powell W., DiMaggio P. Chicago: University of Chicago Press:63–82. Putnam R.D., Leonardi R., Nanetti R.Y. 1993. “Making Democracy Work: Civic Traditions in Modern Italy.” Princeton: Princeton University Press. Rodrik Dani. 1997. “TFPG controversies, institutions, and economic performance in East Asia.” NBER working paper no.5914. Cambridge, MA:MIT Press. Romer P. M. 1986. “Increasing returns and long-run growth.” Journal of Political Economy 94(5):1002–1037. Sarte Pierre-Daniel G. 2001. Rent-seeking bureaucracies and oversight in a simple growth model. Journal of Economic Dynamics and Control 25, 1345–1365. Schleifer A. and Vishney R.W. 1993. “Corruption.” Quarterly Journal of Economics 108:599-617. Schleifer A. and Vishney R.W. 1994. “Politicians and Firms.” Quarterly Journal of Economics 109:995-1025. Scully G.W. 1988. “The Institutional Framework and Economic Development.” Journal of Political Economy 96: 652-62. Schwab Klaus and Porter Michael E. 2008. “The Global Competitiveness Report 2008–2009.” World Economic Forum Solow R. M. 1956. “A contribution to the theory of economic growth.” Quarterly Journal of Economics 70: 65–94. Soto H. de. 1989. “The Other Path: The Invisible Revolution in the Third World.” New York: Harper & Row Publishers. Soto H. de. 2000. “The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else.” New York: Basic Books. Tabellini G. 2005. “Culture and Institutions: Economic Development in the Regions of Europe.” CESIFO Working Paper no.1492. Tollison R.D. 1997. “Rent seeking.” in “Perspectives on public choice.” ed. D.C. MUELLER, Cambridge: Cambridge University Press, 506-525. Wei Shang-Jin. 1997. “Why is Corruption Much More Taxing Than Taxes? Arbitrariness Kills.” NBER Working Paper no. 6255. Wei, Shang-Jin. 2000a. “How Taxing is Corruption on International Investors?” Review of Economics and Statistics 82(1) (February):1–11. Wei Shang-Jin. 2000b. “Local Corruption and Global Capital Flows.” Brookings Papers on Economic Activity 2 Williamson Oliver. 1975. “Markets and Hierarchies: Analysis and Antitrust Implications.” New York: Free Press. Williamson Oliver. 1985. “The Economic Institutions of Capitalism.” New York: Free Press. World Bank. various editions. “Doing Business.” World Bank, the International Finance Corporation and Palgrave Macmillan. World Bank. Enterprise Survey. http://www.enterprisesurveys.org/. World Economic Forum. various editions. “Global Competitiveness Report.” Oxford, UK. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/19746 |