Institutional Framework for Agricultural Development

Vasant P. Gandhi
1999 unpublished
Institutions are examined in institutional economics through different approaches. These include the agency theory, the public choice and political economy approaches, quantitative evaluation of economic history, cognitive studies, the role of ideology, and studies on path dependence. George Stigler's statement that "Economic organisation has probably been as important as technological change in historical develoment" clearly highlights the major role institutions play in determining economic
more » ... velopment. * Faculty Member, Indian Institute of Management, Ahmedabad -380 015 (Gujarat).
doi:10.22004/ag.econ.297653 fatcat:yyz6y7wx4vflxe6ouj3gms77kq