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Do estimable relations exist between size and efficiency of institutions and productivity growth? An exercise in the spirit of D. C. North

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  • G. P. Caselli
  • S. Curatolo

Abstract

This paper, seeks to test the Fuess and van den Berg (1992) hypothesis on the influence of transactions costs on the productivity growth rate for the Italian economy in the period 1951-89, taking into account the increasing size of the transactions sector.

Suggested Citation

  • G. P. Caselli & S. Curatolo, 1997. "Do estimable relations exist between size and efficiency of institutions and productivity growth? An exercise in the spirit of D. C. North," Applied Economics Letters, Taylor & Francis Journals, vol. 4(7), pages 431-435.
    • Handle: RePEc:taf:apeclt:v:4:y:1997:i:7:p:431-435
    DOI: 10.1080/135048597355203
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    References listed on IDEAS

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    1. Peter K. Clark, 1984. "Productivity and Profits in the 1980s: Are They Really Improving?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 15(1), pages 133-182.
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