The efficiency consequences of institutional change: the political economy of financial market regulation and industrial productivity growth in Brazil, 1866-1934
This paper examines one of the central hypotheses of the New Institutional Economics: that the reform of institutions—the rules and regulations enforced by the State that both permit and bound the operation of markets—is crucial for the process of economic growth. It examines this hypothesis by esti...
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| Format: | article |
| Langue: | EN PT |
| Publié: |
Universidade de São Paulo
1998
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| Accès en ligne: | https://doaj.org/article/1b58468105724178ac1543b9a6d2eb11 |
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