Esta web utiliza cookies propias y de terceros que nos permiten optimizar tu experiencia en el sitio web, evaluar su rendimiento, generar estadísticas de uso y mejorar y añadir nuevas funcionalidades. Mediante el análisis de tus hábitos de navegación podemos mostrar contenidos más relevantes y medir las interacciones con la web.
Puede obtener más información aquí.

Avanzado
Artículos
Portada

INSTITUTIONAL CHANGE AND ADAPTIVE EFFICIENCY IBD

KUNLING ZHANG / TONY SAICH
WSPC
11 / 2023
9789811278464
Inglés

Sinopsis

Since the 1990s, neo-institutionalists have posited that 'institutions matter'. However, they overlook one important issue: the ways institutions change also matters. Numerous academic studies have identified 'good' and 'bad' institutions, but little has been written about effective methods of transforming 'bad' institutions so that they enhance economic performance. To fill this gap, this book reframes the approach of neo-institutional economics to analyze institutionsâÇÖ role and evolution, focusing on the interaction between the household registration (hukou) system evolution and economic transformation.The authors apply an endogenous and dynamic perspective. First, the theory of endogenous institutional change illustrates how the drivers ofáhukouásystem evolution differ in the pre-reform and reform eras. Second, the theory of adaptive efficiency evaluates the evolution of the systemâÇÖs institutional efficiency. Finally, the authors were able to test the impact of theáhukouáreform on urban economic growth by examining local experimentation, helping explain the current 'stickiness' of the system.At the heart ofáhukouáreform lies the question of how to deal with the link betweenáhukouáand welfare provision. This book will offer policymakers a better understanding of institutional change in dynamic economic contexts, helping them enhance economic performance.