Institutions and investment efficiency: An empirical investigation
New Institutional Economics has revived the important role of institutions on economic growth. North (1990) was a pioneering work. Institutions are defined as ‘the humanly devised constraints that structure human interaction. They are made up of formal constraints (for example, rules, laws, constitu...
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Format: | Article |
Language: | English |
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HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE
2011-08-01
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Series: | Ho Chi Minh City Open University Journal of Science - Economics and Business Administration |
Online Access: | https://journalofscience.ou.edu.vn/index.php/econ-en/article/view/1003 |