| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP3191 |
| DP3191 Monetary Policy in an Open Economy: The Differential Impact on Exporting and Non-Exporting Firms | |
| Oved Yosha; Hedva Ber; Asher Blass | |
| 发表日期 | 2002-02-20 |
| 出版年 | 2002 |
| 语种 | 英语 |
| 摘要 | In recent theories of comparative development the role of institutional differences has been crucial. Yet what explains comparative institutional evolution? We investigate this issue by studying the coffee exporting economies of Latin America. While homogeneous in many ways, they experienced radically different paths of economic (and political) development which is conventional traced to the differential organization of the coffee industry. We show that the different forms that the coffee economy took in the 19th century was critically determined by the legal environment determining access to land, and that different laws resulted from differences in the nature of political competition. Our analysis suggests that explanations of institutional differences that stress economic fundamentals can only be part of the story. At least in the economies we study, while geography, factor endowments and technology are clearly important, their implications for the institutional structure and thus development are conditional on the form that political competition takes in society. Endowments are not fate. |
| 主题 | Public Economics |
| 关键词 | Organization Development Inequality Political economy |
| URL | https://cepr.org/publications/dp3191 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532220 |
| 推荐引用方式 GB/T 7714 | Oved Yosha,Hedva Ber,Asher Blass. DP3191 Monetary Policy in an Open Economy: The Differential Impact on Exporting and Non-Exporting Firms. 2002. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
