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Disentangling institutions: a challenge

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  • Claude Ménard

    (University of Paris)

Abstract

That "institutions matter" has become a mantra among economists. It has not always been so. For a long time, the conventional wisdom considered institutions as exogenous parameters, the study of which should be delegated to ‘soft' social sciences, mainly sociology and political sciences. And many contemporary economists still disregard the analysis of institutions in their research agenda, mainly because of the difficulty in quantifying and modeling their role
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  • Claude Ménard, 2022. "Disentangling institutions: a challenge," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 10(1), pages 1-3, December.
  • Handle: RePEc:spr:agfoec:v:10:y:2022:i:1:d:10.1186_s40100-022-00223-w
    DOI: 10.1186/s40100-022-00223-w
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    References listed on IDEAS

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    1. Claude Ménard & Mary M. Shirley, 2022. "Advanced Introduction to New Institutional Economics," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-03276076, HAL.
    2. Claude Ménard & Mary M. Shirley, 2022. "Advanced Introduction to New Institutional Economics," Books, Edward Elgar Publishing, number 19139.
    3. Rolf Künneke & Claude Ménard & John Groenewegen, 2021. "Network Infrastructures: Technology meets Institutions," Post-Print hal-03276067, HAL.
    4. North, Douglass C., 1971. "Institutional Change and Economic Growth," The Journal of Economic History, Cambridge University Press, vol. 31(1), pages 118-125, March.
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