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The Method of Analysis

In: Law, Informal Rules and Economic Performance

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Abstract

Capitalism has outperformed all other systems and maintained a positive growth rate since it began. Svetozar Pejovich makes the case within this book that a major reason for the success of capitalism lies in the efficiency-friendly incentives of its basic institutions, which continuously adjust the rules of the game to the requirements of economic progress. The analysis throughout is consistent and is supported by evidence. Key components of the proposed theory are the rule of law, the market for institutions, the interaction thesis, the carriers of change, and the process of changing formal and informal institutions.

Suggested Citation

  • ., 2008. "The Method of Analysis," Chapters, in: Law, Informal Rules and Economic Performance, chapter 10, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:4198_10
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    Cited by:

    1. , Aisdl, 2020. "Sustainability model of Vietnamese women entrepreneurship," OSF Preprints kjmdr, Center for Open Science.
    2. Yılmaz Kılıçaslan & Robin C. Sickles & Aliye Atay Kayış & Yeşim Üçdoğruk Gürel, 2017. "Impact of ICT on the productivity of the firm: evidence from Turkish manufacturing," Journal of Productivity Analysis, Springer, vol. 47(3), pages 277-289, June.
    3. Fahad Saeed & Mansour Almazroui & Nazrul Islam & Mariam Saleh Khan, 2017. "Intensification of future heat waves in Pakistan: a study using CORDEX regional climate models ensemble," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 87(3), pages 1635-1647, July.
    4. Juliana Onwumere & Sophia Howes & David Shiers & Fiona Gaughran, 2018. "Physical health problems in people with psychosis: The issue for informal carers," International Journal of Social Psychiatry, , vol. 64(4), pages 381-388, June.
    5. Zhongyi Wang & Keying Wang & Jiyue Liu & Jing Huang & Haihua Chen, 2022. "Measuring the innovation of method knowledge elements in scientific literature," Scientometrics, Springer;Akadémiai Kiadó, vol. 127(5), pages 2803-2827, May.
    6. Merendino, Alessandro & Bek, David & Timms, Jill, 2021. "How business legacy influences organising body legitimacy in the delivery of mega events: The drift to myth at Rio 2016," Journal of Business Research, Elsevier, vol. 129(C), pages 29-42.
    7. Hassan Danaeefard, 2022. "Implication studies: a methodological framework," Quality & Quantity: International Journal of Methodology, Springer, vol. 56(5), pages 3159-3188, October.

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