Institutional Transformations, Polity and Economic Outcomes : Testing the North-Wallis-Weingast Doorsteps Framework »
Series: IMF Working Papers
Author(s): Marc Quintyn , and Sophia Gollwitzer
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2012
Keywords: institutions, economic performance, political performance, transition, income inequality, political system, political control, political variables, political institutions, General Aggregative Models: Other
This paper tests the theoretical framework developed by North, Wallis and Weingast (2009) on the transition from closed to open access societies. They posit that societies need to go through three doorsteps: (i) th...