Warianty tytułu
The Influence of Coordination on Labour Market on the Effectiveness of an Economic Model
Języki publikacji
Abstrakty
Artykuł jest próbą identyfikacji instytucjonalnej komplementarności instytucji w modelach gospodarczych i określenie zależności między charakterem koordynacji a efektywnością gospodarki. (fragment tekstu)
The goal of this paper is to compare models of political economy. I use Hall coordination index to confirm the institutional features of liberal and coordinated market economies. In coordinated markets economies firms depend more heavily on non-market relationships to coordinate and to construct their core competencies. These non-market modes of coordination are generally based on more extensive relational or incomplete contracting, and network monitoring inside networks. In liberal market economies firms coordinate their activities through hierarchies and competitive market arrangements. Political economy is a terrain populated by multiple actors: individuals, firms, producer groups, and governments. However, this is a firm-centered political economy that regards companies as crucial actors in a capitalist economy. They are the key agents of adjustment in the face of technological change or international competition whose activities aggregate into overall levels of economic performance. In both economies reveal institutional complementarities across the sub-sphere of macroeconomics. It can explain cross-national differences in the change of institution and efficiency. It confirms the impact of complementarities on rates of growth in a system of labor market regulation. (original abstract)
Czasopismo
Rocznik
Strony
113--123
Opis fizyczny
Twórcy
autor
- Uniwersytet Warszawski
Bibliografia
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Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171281281