From Marxian school of economic thought to system paradigm in economic studies: the institutional matrices theory

Kirdina, Svetlana (2012): From Marxian school of economic thought to system paradigm in economic studies: the institutional matrices theory. Published in: Montenegrin Journal of Economics , Vol. 8, No. Number 2 (October 2012): pp. 53-71.

Abstract

The paper discusses some theoretical-methodological basis for the institutional change analysis in transitional countries. First, the paper shows the specific approach of the Marxian school of economic thought to the analysis of social and economic institutions. Second, the most general features of the system paradigm in economic theory (Kornai, 1998) are presented. Third, the institutional matrices theory, or IMT (Кирдина, 2001; Kirdina, 2001, 2010, etc.), developing Marxian approach and systemic ideas, is presented. An explanatory power of IMT is shown by the analysis of post-soviet reforms in Russia and East-European countries.

• Item Type: MPRA Paper
• Language: English
• Keywords: institutions; economic systems; Marxian approach; institutional matrices
• Subjects: B - History of Economic Thought, Methodology, and Heterodox Approaches > B1 - History of Economic Thought through 1925 > B10 - General; B - History of Economic Thought, Methodology, and Heterodox Approaches > B1 - History of Economic Thought through 1925 > B14 - Socialist ; Marxist; B - History of Economic Thought, Methodology, and Heterodox Approaches > B1 - History of Economic Thought through 1925 > B15 - Historical ; Institutional ; Evolutionary

References

Arrow K. (2000). Economic Transition: Speed and Scope. Journal of Institutional and Theoretical Economics, vol. 156.

Aslund A., Boone P., Johnson S. (1996). How to stabilize: Lessons from post-communist countries. Brookings Papers on Economic Activity, 1.

Berg A. , Sachs J.(1992). Structural adjustment and international trade in Eastern Europe: the case of Poland. Economic Policy ,v. 16.

Bessonova O, Kirdina S, O'Sullivan R (1996). Market Experiment in the Housing Economy of Russia. NSU, Novosibirsk.

Blanchard O. (1997). The Economics of Post-Communist Transition. Oxford. 1.

Blanchard O., Dornbush R., Krugman P., Layard R., Summers L. (1991) . Reform in Eastern Europe. Cambridge, Mass.: MIT Press.

Buzgalin A., Kolganov A. (2003). Classical Marxism: What is out of Date, and What Has Stood the Test of Time (Theses for Discussion). www.nodo50.org/.../buzgalin_kolganov_24... (15.06.2012)

Chamberlin E.H. (1956). The theory of monopolistic competition. A re-orientation of the theory of value. Harvard University Press, Cambridge, Massachusetts.

Coricelli F. (1998). Macroeconomic Policies and the Development of Markets in Transition Economies. CEU Press, Budapest.

Davydova I. (1997). Die Novosibirsker Sociologishe Schule: Aufstieg ind Niedergang eines regionalen socialiwissenschaftlichen Zentrums // Oswald Ingrid, Possekel Ralf, Stykow Petra, Wielgolis Jan (Hg.) Socialiwissenschaft in Rusland. Bd 2. Berlin (In German).

Draskovic V., Draskovic M. (2012). Institutional Nihilism as a Basis for Anti-Development Policy. // Montenegrin Journal of Economics. Vol. 8, № 1.

Duggar W.M., Sherman H.J. (2000). Reclaiming Evolution: A Dialogue Between Marxism and Institutionalism on Social Change. Routledge, London and New York.

Gavrilenkov E., Kuboniwa M. (1997). Development of Capitalism in Russia. Second challenge. Tokio.

Gintis H. (1987). Review on Analytical Marxism by John Roemer // The American Political Science Review, Vol. 81, No. 3, Sep.

Hodgson G.M. (2006). Institutionalism versus Marxism: A Debate with Alex Callinicos. In: Hodgson G.M. Economics in the Shadows of Darwin and Marx: Essays on Institutional and Evolutionary Themes. Edward Elgar Publishing, Glos.

Kirdina S. (2010). Prospects of Liberalization for S&T Policies in Russia: Institutional Analysis// Sociology of Science and Technology, 1( 2).

Kirdina S. (2003). New Balance of Redistribution and Market Institutions in Modern Russian Economy. Proceedings of Hawaii International Conference on Social Sciences, June 12 - 15. http://www.hicsocial.org/Social2003Proceedings/Svetlana Kirdina.pdf. Accessed 25 January 2012.

Kirdina S. (2001). Fundamental Difference in the Transformation Process between Russia and East European Countries // Berliner Osteuropa Info, № 16/2001.

Kolodko G. (2005). Transition to Market. Why Gradualism works and Radicalism Fails? //Montenegrin Journal of Economics. Volume 1, № 1.

Kleiner G.B. (2009). A New Theory of Economic Systems and Its Application to Economic Policy Studies // Working papers № 13 // Russian Research Center of The Institute of Economic Research, Hitotsubashi University, March.

Kornai J. (1998). The System Paradigm. William Davidson Institute Working Papers Series 278, William Davidson Institute at the University of Michigan. [ In Russian: Kornai J. Systemic Paradigm. // Voprosy economiki, 2002, № 4].

Kuhn T.S. (1975). Structure of scientific revolutions, Moscow, Progress.

Lavigne M. (1995). The Economics of Transition. From Socialist Economy to Market Economy. London.

Leibenstain H. (1978). General X-efficiency theory and economic development. Oxford Univercity Press, New-York etc.

Liebenstein H. (1966) .Allocative Efficiency vs. X-Efficiency, American Economic Review, 56(3). June. Menger K. (1892). On the Origin of Money // Economic Journal, 6.

North D. (1997). The Contribution of the New Institutional Economics to an Understanding of the Transition Problem. WIDER Annual Lectures,1, Helsinki.

North D. (2000). Big-Bang Transformations of Economic Systems: an Introductory Note. Journal of Institutional and Theoretical Economics, vol. 156

O’Hara P.A. (2000). Marx, Veblen and Contemporary Institutional Political Economy: Principles and Unstable Dynamics of Capitalism. Edward Elgar, Chetenham etc.

Oleinik A. (2010). Market as a Weapon: The socio-economic machinery of dominance in Russia. New Brunswick, NJ: Transaction Publishers.

Polanyi K. (1977). The Livelihood of Man. Academic Press, Inc, New-York.

Popov V. (2000). Shock Therapy Versus Gradualism: The End of the Debate (Explaining the magnitude of the transformational recession). Comparative Economic Studies 42(1): London: Constable.

Prigozhine I., Stengers I. (1984). Orders out of Chaos. Man's new dialogue with nature. Heinemann. London.

Robinson J. (1986: 1933). The Economics of Imperfect Competition / Translated from Eng. M.: Progress. Rosefielde S. ( 2002, 2005, 2008). Comparative Economic Systems: Culture, Wealth, and Power in the 21st Century, Wiley-Blackwell.

Sachs J. (1989) . My Plan for Poland. International Economy, 3.

Schumpeter J. A. (1926) Theorie der wirtschaftlichen Entwicklung. Munchen und Leipzig. Verlag von Duncker & Humbblot, 2 Aufflage (In German).

Schumpeter J. A. (1951). Ten great economists. From Marx to Keynes. New York: Oxford University Press. Stiglitz J. E. (1994). Whither Socialism? Cambridge, MA; London: The MIT Press.

Veblen T. (1898). Why is Economics Not an Evolutionary Science. The Quarterly Journal of Economics. Volume 12.

Welfens Р. (1999). EU Eastern Enlargement and the Russian Transformation Crisis. Berlin, New-York: Springer.

Wright E. J. (2007). What Is Analytical Marxism? // Voprosy economiki, № 9 http://EconPapers.repec.org/RePEc:nos:voprec:2007-09-7

Zaslavskaya T. (1990). The Second Socialist Revolution: An Alternative Soviet Strategy. US edition. Indiana University Press.

Yerznkyan B. H. ( 2012). Institutional Economics at the Crossroads: A View From Russia // Montenegrin Journal of Economics. Vol. 8, N 1.

Young D. (2002). The Meaning and Role of Power in Economics // In: Hodgson GM (Ed.), A modern reader in institutional and evolutionary economics: key concepts, Cheltenham: Edward Elgar.

Веблен Т. (1984) Теория праздного класса. М: Прогресс [Veblen T. The Theory of the Leisure Class. In Russian].

История экономической мысли. Учебное пособие. (2001) / Под ред В. Автономова, О. Ананьина и Н. Макашевой. М.: ИНФРА-М [History of Economic Schools / Edited by. V. Avtonomov, O. Anan’in, N. Makasheva: Study guide. In Russian.]

Кирдина С.Г. (2001). Институциональные матрицы и развитие России. 2-е изд. Новосибирск: СО РАН. [Kirdina S.G. Institutional Matrices and Russia Development. In Russian. Summary in English].

Кирдина С.Г. (2012). Объяснительные и прогностические возможности институциональных экономических теорий. / Эволюционная и институциональная экономическая теория: дискуссии, методы и приложения / Под ред. А. Ю. Архипова, С. Г. Кирдиной и Е. М. Мартишина. Санкт-Петербург: Алетейя [Kirdina S G Explanatory and Predictive Capabilities of Institutional Economic Concepts. In: Evolutionary and Institutional Economic Theory: Discussion, Methodology and Application/ Arkhipov A., Kirdina S., Martishin Ye.(eds). In Russian.]

Новая философская энциклопедия (2000) Том 1. Москва: Мысль [New Philosophic encyclopedia. Volume 1. In Russian.)

Осадчая Г. (2005). Стоит ли перечитывать Маркса. // Montenegrin Journal of Economics. Volume 1, № 1.[Osadchaya G. Do we need to reread Marx? In Russian]

Райнерт Э. (2011) Как богатые страны стали богатыми, и почему бедные страны остаются бедными. М.: Изд-во ГУ-ВШЭ. [Translated from Eng.: Reinert E. (2007) How Rich Countries Got Rich …and Why Poor Countries Stay Poor? London: Constable. In Russian].

Социальная траектория реформируемой России. Исследования Новосибирской экономико-социологической школы (1999). Новосибирск: Наука [Social Trajectory of Russia Under Reforms. Studies of the Novosibirsk Economic-Sociological School. Novosibirsk: Nauka. In Russian.]

Тесля А.А.Б Тесля Е.А. (2007) Интеллектуальное значение марксизма. М.: Хронос [Teslja A.A., Teslja E.A. Intellectual Meaning of Marxism. // Moscow: Hronos] (In Russian) http://www.hrono.info/statii/2007/marx.html

Хаиткулов Р.Г. (2009) Феномен аналитического марксизма. /Труды участников Российского экономического конгресса. М.: ИЭ РАН. [Khaitkulov R.G. Phenomenon of Analytical Marxism/ Collected articles of the Russian Economy Congress participants. M: IE RAS, 2009. In Russian.]