Publikationsserver der Universitätsbibliothek Marburg
Titel:Empirical Analysis of Informal Institutions
Autor:Park, Sang-Min
Weitere Beteiligte: Voigt, Stefan (Prof. Dr.)
Veröffentlicht:2012
URI:https://archiv.ub.uni-marburg.de/diss/z2012/1105
DOI: https://doi.org/10.17192/z2012.1105
URN: urn:nbn:de:hebis:04-z2012-11056
DDC: Wirtschaft
Titel (trans.):Empirische Analyse informeller Institutionen
Publikationsdatum:2013-02-21
Lizenz:https://rightsstatements.org/vocab/InC-NC/1.0/

Dokument

Schlagwörter:
informal institutions, Empirical methodology, Ökonometrie, Empirische Methodologie, informelle Institutionen, Econometrics, Institutionen

Summary:
The New Institutional Economics has established itself as widely accepted extension to the standard neoclassical paradigm. Here, institutions are defined as commonly known rules that structure recurring interaction situations and the corresponding sanctioning mechanism. For-mal institutions describe rules with a sanction mechanism that is organized by the state. In-formal institutions describe rules with a sanction mechanism that is not organized by the state but by other societal members. Most studies providing empirical evidence that “institutions matter” focus solely on formal institutions. This is in stark contrast to the theoretical acknowledgement that human decisions are shaped by both formal and informal institutions. This dissertation brings together five contributions in the empirical analysis of informal institutions. The first contribution provides a conceptual framework for the measurement of informal institutions. The second and third contribution analyze the impact of informal institutions on economic outcomes. The fourth contribution is concerned with the trade-off between formal and informal contract enforcement, while the fifth contribution is concerned with the effect of individual level religiosity on acceptance of corruption.

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