Economic Systems of Developing Nations

被引:0
|
作者
Frederic L Pryor
机构
[1] Swarthmore College,
关键词
economic system; institutions; all developing nations; O-110; O-579; P-510;
D O I
10.1057/palgrave.ces.8100072
中图分类号
学科分类号
摘要
This essay employs a database of covering 31 different types of economic institutions for 41 developing nations. Defining an economic system in terms of clusters of complementary institutions and performing a cluster analysis, I derive four different types of economic systems. Then I explore the impact of the economic system on the economic growth, inflation rate, and production volatility of the nations with each system.
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页码:77 / 99
页数:22
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