Endogenous Institution Formation under a Catching-up Strategy in Developing Countries

This paper explores endogenous institution formation under a catching-up strategy in developing countries. Since the catching-up strategy is normally against the compartive advantages of the developing countries, it can not be implemented through l...

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Bibliographic Details
Main Authors:	Lin, Justin Yifu, Li, Zhiyun
Format:	Policy Research Working Paper
Language:	English
Published:	Washington, DC: World Bank 2012
Subjects:	ACCUMULATION OF CAPITAL AGRICULTURE ALLOCATION OF CAPITAL BENCHMARK BUDGET CONSTRAINT BUDGET CONSTRAINTS CAPITAL ACCUMULATION CAPITAL ALLOCATION CAPITAL GOODS CAPITAL INCOME CAPITAL INVESTMENT CAPITAL NEEDS COMMERCIAL CONTRACTS COMMODITIES COMPARATIVE ADVANTAGES COMPETITIVE MARKETS CONSUMER DEMAND CONSUMPTION DECISIONS CONSUMPTION GOOD CONSUMPTION GOODS CONTROL VARIABLE CONTROL VARIABLES CONTROLLED PRICES DEMAND FUNCTION DEMAND FUNCTIONS DEPRESSION DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT ECONOMICS DEVELOPMENT STRATEGIES DEVELOPMENT STRATEGY DISTORTIONS ECONOMETRICS ECONOMIC CONSTRAINTS ECONOMIC DEVELOPMENT ECONOMIC ENVIRONMENT ECONOMIC ENVIRONMENTS ECONOMIC POLICY ECONOMIC POWER ECONOMIC REFORM ECONOMIC SIZE ECONOMIC STRUCTURE EQUILIBRIUM EQUILIBRIUM PRICE EQUILIBRIUM PRICES EQUILIBRIUM VALUE EQUILIBRIUM VALUES EXCESS DEMAND EXCESS SUPPLY EXPORTS FACTOR PRICES FOREIGN TRADE FREE MARKET FREE MARKET ECONOMY GDP GOVERNMENT INTERVENTION GOVERNMENT OWNERSHIP GROWTH RATES IMPORT INCOME INCOME LEVEL INCOME LEVELS INCOMES INSTITUTIONAL CONSTRAINTS INTEREST RATE INTERNATIONAL BANK INTERNATIONAL ECONOMY LESS DEVELOPED COUNTRIES LIVING STANDARDS MANUFACTURING INDUSTRIES MARGINAL COST MARGINAL REVENUE MARGINAL UTILITY MARGINAL UTILITY OF CONSUMPTION MARKET ECONOMIES MARKET EQUILIBRIUM MARKET INTEREST MARKET INTEREST RATES MARKET MECHANISM MARKET MECHANISMS MARKET-CLEARING LEVEL MARKET-CLEARING LEVELS MULTIPLIERS OPTIMAL ALLOCATION OPTIMAL ALLOCATIONS OUTPUT OF CAPITAL OUTPUTS PERFECT COMPETITION POLITICAL ECONOMY POLITICAL REGIME PRICE CONTROL PRICE DISCRIMINATION PRICE DISTORTION PRICE LEVELS PRICE OF GOOD PRICE REGULATION PRIMARY COMMODITIES PRIVATE MARKET PRODUCTION COSTS PRODUCTION FUNCTION PRODUCTION FUNCTIONS RAPID DEVELOPMENT RAPID ECONOMIC GROWTH RAPID INDUSTRIALIZATION RELATIVE PRICE RELATIVE PRICES RETURNS SALE SHADOW PRICES SOCIALIST ECONOMIES SUBSTITUTION SURPLUS TOTAL OUTPUT TRADE REGIMES TRADING UTILITY FUNCTION WAGES WELFARE ECONOMICS
Online Access:	http://documents.worldbank.org/curated/en/2008/12/10091417/endogenous-institution-formation-under-catching-up-strategy-developing-countries http://hdl.handle.net/10986/6291

Internet

http://documents.worldbank.org/curated/en/2008/12/10091417/endogenous-institution-formation-under-catching-up-strategy-developing-countries
http://hdl.handle.net/10986/6291

Endogenous Institution Formation under a Catching-up Strategy in Developing Countries

Internet

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