Replication of Institutions and Convergence between Territories
Revue d'Economie Régionale et Urbaine, No. 2, pp. 281-301, 2006
Posted: 7 Feb 2007
Abstract
The prediction of an institutional convergence between territories by institutional replication, must take into account the interdependence of institutions which characterizes the identity of territories, more than the replication itself. Basing the interdependence of institutions on the hayekian concept of institutional order, this paper defines the conditions of a genuine convergence, and draws many consequences for the relative efficiency of several replication policies.
Keywords: complementarities, convergence, institution, order, territory
JEL Classification: B52, B53, R19
Suggested Citation: Suggested Citation
Perrin, Pierre, Replication of Institutions and Convergence between Territories. Revue d'Economie Régionale et Urbaine, No. 2, pp. 281-301, 2006, Available at SSRN: https://ssrn.com/abstract=961554
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