Inducements to Institutional Innovations in an Agrarian Community

作者: Masao Kikuchi , Yujiro Hayami

DOI: 10.1086/451230

关键词: EconomicsIncome sharesEndowmentInstitutional changeResource allocationFrontierEmpirical researchAgrarian societyEconomic systemResource (biology)Economics and EconometricsDevelopment (topology)

摘要: An attempt to incorporate institutional change as an endogenous factor in the economic system represents a frontier of economics. From perspective "induced innovation," evolution institutions emerges result struggles among various groups society which seek attain more efficient resource allocation and establish claims for larger income shares response changes variables, such endowment technology. So far, this theory has not advanced much beyond conjectural postulates based on broad historical observations.l Development been constrained by difficulty subjecting empirical testing basis microeconomic data that are collected purposively. In paper, we shall try fill gap case study Philippine village. The major hypothesis be tested is dramatic land-tenure labor-contract arrangements agrarian community past 2 decades reflect attempts reduce disequilibria between

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