by Lance E. Davis and Douglass C. North. With the assistance of Calla Smorodin.
.PUBLICATION, DISTRIBUTION, ETC
Place of Publication, Distribution, etc.
Cambridge [England]
Name of Publisher, Distributor, etc.
University Press,
Date of Publication, Distribution, etc.
1971.
PHYSICAL DESCRIPTION
Specific Material Designation and Extent of Item
1 online resource (viii, 282 pages)
INTERNAL BIBLIOGRAPHIES/INDEXES NOTE
Text of Note
Includes bibliographical references.
CONTENTS NOTE
Text of Note
Machine derived contents note: Part I. The Theory Developed: 1. A theory of institutional change: concepts and causes; 2. The government, coercion, and the redistribution of income; 3. A theory of institutional innovation: description, analogy, specification; 4. Changes in the institutional environment: exogenous shifts and arrangemental innovation; Part II. The Theory Applied: 5. Land policy and American agriculture; 6. Organization and reorganization in the financial markets: savings and investment in the American economy, 1820-1950; 7. Transportation developments and economic growth; 8. Economies of scale, unsuccessful cartelization, and external costs: some sidelights on the growth of manufacturing in the United States; 9. Institutional change in the service industries; 9. The labor force: organization and education; Part III. Conclusions: 11. The changing public-private mix; 12. History and the analysis of arrangemental change: a look to the past with an eye to the future.
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SUMMARY OR ABSTRACT
Text of Note
This book presents a model for examining problems of institutional change and applies it to American economic development in the nineteenth and twentieth centuries. The authors develop their model of institutional change. They argue that if external economic factors make an increase in income possible but not attainable within the existing institutional structure, new organizations must be developed to achieve the potential in income. Their model is designed to explain the type and timing of these necessary changes in institutional organization. Individual, voluntary cooperative, and governmental arrangements are included in the discussion, although the latter differs considerably from the first two.
SYSTEM REQUIREMENTS NOTE (ELECTRONIC RESOURCES)
Text of Note
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
OTHER EDITION IN ANOTHER MEDIUM
Title
Institutional change and American economic growth.
TOPICAL NAME USED AS SUBJECT
Economic history.
Economische groei.
Wirtschaft
GEOGRAPHICAL NAME USED AS SUBJECT
United States, Economic conditions, Mathematical models.