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The New Comparative Economics


Simeon Djankov


Ministry of Finance; World Bank

Edward L. Glaeser


Harvard University - John F. Kennedy School of Government, Department of Economics; Brookings Institution; National Bureau of Economic Research (NBER)

Florencio Lopez de Silanes


EDHEC Business School; National Bureau of Economic Research (NBER); Tinbergen Institute

Rafael La Porta


Dartmouth College - Tuck School of Business; National Bureau of Economic Research (NBER)

Andrei Shleifer


Harvard University - Department of Economics; National Bureau of Economic Research (NBER); European Corporate Governance Institute (ECGI)
May 2003

CEPR Discussion Paper No. 3882

Abstract:     
In recent years, comparative economics experienced a revival, with a new focus on comparing capitalist economies. The theme of the new research is that institutions exert a profound influence on economic development. We argue that, to understand capitalist institutions, one needs to understand the basic trade-off between the costs of disorder and those of dictatorship. We then apply this logic to study the structure of efficient institutions, the consequences of colonial transplantation, and the politics of institutional choice.

Number of Pages in PDF File: 52

Keywords: Comparative economics, institutions, colonial transplantations, transition

JEL Classification: P00, P10, P20, P50

working papers series


Date posted: June 17, 2003  

Suggested Citation

Djankov, Simeon, Glaeser, Edward L., Lopez de Silanes, Florencio, La Porta, Rafael and Shleifer, Andrei, The New Comparative Economics (May 2003). CEPR Discussion Paper No. 3882. Available at SSRN: http://ssrn.com/abstract=416181

Contact Information

Simeon Djankov
Ministry of Finance ( email )
Rakovski Avenue 102
Sofia, 1040
Bulgaria
World Bank ( email )
2121 Pennsylvania Avenue, NW
Washington, DC 20433
United States
202-473-4748 (Phone)
202-473-5758 (Fax)
HOME PAGE: http://www.doingbusiness.org
Edward L. Glaeser (Contact Author)
Harvard University - John F. Kennedy School of Government, Department of Economics ( email )
Littauer Center
Room 315A
Cambridge, MA 02138
United States
617-496-2150 (Phone)
617-496-1722 (Fax)
Brookings Institution
1775 Massachusetts Ave. NW
Washington, DC 20036-2188
United States
National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
Florencio Lopez de Silanes
EDHEC Business School ( email )
393, Promenade des Anglais BP 3116
Nice, 06202
France
+33 (0) 4 93 18 78 07 (Phone)
+33 (0) 4 93 18 78 41 (Fax)
National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
Tinbergen Institute ( email )
Burg. Oudlaan 50
Rotterdam, 3062 PA
Netherlands
Rafael La Porta
Dartmouth College - Tuck School of Business ( email )
Hanover, NH 03755
United States
National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
Andrei Shleifer
Harvard University - Department of Economics ( email )
Littauer Center
Cambridge, MA 02138
United States
617-495-5046 (Phone)
617-496-1708 (Fax)
HOME PAGE: http://www.economics.harvard.edu/~ashleife/
National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
European Corporate Governance Institute (ECGI)
c/o ECARES ULB CP 114
B-1050 Brussels
Belgium
HOME PAGE: http://www.ecgi.org
Feedback to SSRN (Beta)


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Citations:  163

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