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Varieties of Capitalism and Institutional Complementarities in the Political Economy: An Empirical Analysis

British journal of political science, 2009-07, Vol.39 (3), p.449-482 [Peer Reviewed Journal]

Copyright © Cambridge University Press 2009 ;Copyright 2009 Cambridge University Press ;ISSN: 0007-1234 ;EISSN: 1469-2112 ;DOI: 10.1017/S0007123409000672 ;CODEN: BPLSBO

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Title:
Varieties of Capitalism and Institutional Complementarities in the Political Economy: An Empirical Analysis
Author: Hall, Peter A. ; Gingerich, Daniel W.
Subjects: Aggregates ; Business structures ; Capitalism ; Collaboration ; Comparative analysis ; Comparative Politics ; Corporate governance ; Corporations ; Economic Development ; Economic growth ; Economic growth rate ; Economics ; Empirical research ; Employers ; Employment ; Estimation ; Game theory ; Globalization ; Governance ; Government relations ; Growth rates ; Labor market ; Labor markets ; Labor Relations ; Labor unions ; Labour relations ; Market economies ; OECD ; Political Economy ; Political science ; Spheres ; Statistical analysis ; Technology transfer
Is Part Of: British journal of political science, 2009-07, Vol.39 (3), p.449-482
Description: This article provides a statistical analysis of core contentions of the ‘varieties of capitalism’ perspective on comparative capitalism. The authors construct indices to assess whether patterns of co-ordination in the OECD economies conform to the predictions of the theory and compare the correspondence of institutions across subspheres of the political economy. They test whether institutional complementarities occur across these subspheres by estimating the impact of complementarities in labour relations and corporate governance on growth rates. To assess the durability of varieties of capitalism, they report on the extent of institutional change in the 1980s and 1990s. Powerful interaction effects across institutions in the subspheres of the political economy must be considered if assessments of the economic impact of institutional reform in any one sphere are to be accurate.
Publisher: Cambridge, UK: Cambridge University Press
Language: English
Identifier: ISSN: 0007-1234
EISSN: 1469-2112
DOI: 10.1017/S0007123409000672
CODEN: BPLSBO
Source: ProQuest Databases
Alma/SFX Local Collection

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Varieties of Capitalism and Institutional Complementarities in the Political Economy: An Empirical Analysis

Copyright © Cambridge University Press 2009 ;Copyright 2009 Cambridge University Press ;ISSN: 0007-1234 ;EISSN: 1469-2112 ;DOI: 10.1017/S0007123409000672 ;CODEN: BPLSBO

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