G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Disorganisation or Self-Organisation?
Francesca Recanatini; Randi Ryterman
发表日期2000
出处Economy and Society
出版年2000
语种英语
摘要The transition from plan to market provides a rare opportunity for insight into the endogenous development of economic institutions. Economic activities during the Soviet regime were co-ordinated by a central authority. These co-ordinating mechanisms were disrupted during the transition period, leading to an increase in the transaction costs for firms. Blanchard and Kremer (1997), among others, emphasise the negative impact of this "disorganisation" on output behaviour at the beginning of transition. Though this argument is correct, we believe that this and similar works stop short of a fuller characterisation of transition by concentrating only on the disruptive effects of the reform process. This paper begins where the former works end by examining one of the key institutions that have emerged spontaneously in response to the challenges of transition: business associations. Its main contribution is to provide empirical evidence that institutions that help co-ordinate production and trade spontaneously emerge in an environment characterised by widespread "disorganisation". Using a largely unexplored, firm-level data set, we document the emergence of business associations at the beginning of transition and provide evidence that these new co-ordinating institutions mitigated the initial output decline. Building on the growing literature on transaction costs and complexity, we interpret the emergence of these informal institutions as the firms' rational response to co-ordinate activities in a decentralised economy.
特色分类D23,L10,O17,P21,D71
关键词Co-ordination problems,transition,alternative institutions
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/disorganisation-or-self-organisation/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/116519
推荐引用方式
GB/T 7714
Francesca Recanatini,Randi Ryterman. Disorganisation or Self-Organisation?. 2000.
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