Informal institutions rule: institutional arrangements and economic performance

Williamson, Claudia R.

doi:10.1007/s11127-009-9399-x

Cited by 367 publications

(223 citation statements)

References 36 publications

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“…However, the question about the direction of causality remains unsettled. On the one hand, Barr (2004) or Kumlin and Rothstein (2008) argue that a A more recent strand of literature (Knowles and Weatherston, 2006;Williamson, 2009;Tabellini, 2010;Williamson and Kerekes, 2011) (Algan, Cahuc and Sangnier, 2011;Bergh and Bjørnskov, 2011;Bjørnskov and Svendsen, 2012), emphasize causality from trust to welfare state design. A key assumption in this line of research is that aggregate social trust levels are highly stable over time because of hereditary codes of behavior.…”

Section: Social Trustmentioning

confidence: 99%

Reforming Welfare States

Huber

Leoni

Pitlik

2016

Competitiveness, Social Inclusion and Sustainability in a Diverse European Union

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Section: Social Trustmentioning

confidence: 99%

Reforming Welfare States

Huber

Leoni

Pitlik

2016

Competitiveness, Social Inclusion and Sustainability in a Diverse European Union

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“…From this perspective, institutions are defined as rules, patterns or procedures that structure behaviour and interaction. These rules can be informal -norms, habits and customs -or formal: written laws, regulations and standards (Hall and Taylor, 1996;Scharpf, 1997;Williamson, 2009). New institutionalism emphasises the importance of shared meaning and norms as structuring behaviours, with actors behaving in accordance with what they think is considered appropriate in terms of their institutionalised role (e.g.…”

Section: A Combined Socio-technical and New Institutionalist Perspectivementioning

confidence: 99%

Organisational aspects of public engagement in European energy infrastructure planning: the case of early-stage CCS projects

Breukers¹,

Upham

2013

Journal of Environmental Planning and Management

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Recent years have witnessed a proliferation of studies on public perceptions of carbon capture and storage (CCS), accompanied by efforts to translate such knowledge into toolkits for public engagement and communication. At the same time, both literature and toolkits have paid little attention to the organisational dynamics and views of project implementers with regard to public engagement. Here we investigate the views of project development consortia employees in five European CCS projects, focusing on their experience of organisational norms and structures relating to engagement. Finding that planning for this engagement has in several cases been hampered by a lack of shared internal vision on engagement and communication within the project consortia, at least initially, we draw upon the socio-technical approach to technology embedment and new institutional theory, to observe that internal organisational alignment is crucial in multi-organisational projects when seeking effective public engagement and communication. We observe that this aspect of internal organisation is not yet reflected in the toolkits and guidelines designed to aid engagement in CCS projects. Engagement guides need to direct the attention of project implementers not only in specific outward directions, but also towards reflexively considering their own internal structures, perspectives, motivations, expectations and aims in relation to engagement and communication practice. The work was begun while at the Tyndall Centre, University of Manchester.Breukers S, Upham P. Journal of Environmental Planning and Management 2013 DOI:10.1080/09640568.2013 2 Key words:Public engagement; communication; CCS; organisational dynamics Organisational practice in public engagement and communicationThe literature on public opinion of renewable and low carbon energy infrastructure has variously focussed on the characteristics of the technology involved; the psychological processes of the receiving population; and institutional, planning and governance-related factors ; for reviews see Bell, Gray and Hagget, 2005;Upham et al., 2009 andWhitmarsh et al., 2011;Wolsink, 2006). Reflecting increasingly nuanced understandings of public opinion in this context, energy infrastructure developers in Europe and elsewhere are now typically encouraged towards early public engagement and to obtain an understanding of the social context of planned developments. In pragmatic terms, early public engagement acknowledges that local acceptance may be contingent on situational, highly local circumstances (Renn, 2008) and that a developer would do well to anticipate some of these.In general, then, the focus in the siting literature is on affected populations and their environment in a wide sense. It is much less common to examine public engagement in energy infrastructure developments from the perspective of the organisations promoting the development. Responding to this, here we investigate opinion, dynamics and structures within the boundaries of the firms involved in develo...

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“…We use this definition of institutions in a broad sense, including both formal and informal institutions. While formal institutions include constitutional constraints, statutory rules, property rights, rule of law, and other political and legal constraints; informal institutions arise from norms, culture, and customs, emerging spontaneously (Williamson, 2009). But formal institutions can contribute to economic growth only if they incorporate some of the principles established and agreed upon by informal institutions.…”

Section: Introductionmentioning

confidence: 99%

“…But formal institutions can contribute to economic growth only if they incorporate some of the principles established and agreed upon by informal institutions. This definition of informal institutions proposed by Williamson (2009) is closely related to the concept of social capital, as well as the notions of social infrastructure and trustworthy institutions. 1 The notions of social capital and its most commonly used empirical proxy, trust, are related, and work as a substitute for the notion of property rights (Aharonovitz et al, 2009).…”

Section: Introductionmentioning

confidence: 99%

Social infrastructure and the preservation of physical capital: Equilibria and transitional dynamics

Soares

Sequeira

Marques

et al. 2018

Applied Mathematics and Computation

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We study the mechanisms according to which social infrastructure influences the preservation of physical capital and, consequently, economic growth. The model considers that social infrastructure is a specific type of human capital, which acts in order to preserve already existing physical capital, by, e.g., reducing the incentive for rent seeking or corruption. Using an innovative methodology in economics, the Gröbner bases, we study the equilibrium of our model and conclude for the existence of two feasible steady-states or of unicity according to different combinations of parameters, highlighting a trade-off between consumption and production on one hand and social infrastructure and physical capital accumulation, on the other. We also present sufficient conditions for saddle-path stability. Finally, we describe transitional dynamics and calculate welfare effects from which we show that strengthening social infrastructure increases welfare.JEL Classification: C02, C62, O41, O43.

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Informal institutions rule: institutional arrangements and economic performance

Cited by 367 publications

References 36 publications

Reforming Welfare States

Reforming Welfare States

Organisational aspects of public engagement in European energy infrastructure planning: the case of early-stage CCS projects

Social infrastructure and the preservation of physical capital: Equilibria and transitional dynamics

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