The new institutional economics

Mylène Kherallah and Johann Kirsten

No 41, MSSD discussion papers from International Food Policy Research Institute (IFPRI)

Abstract: This paper summarizes the potential contributions of the new institutional economics to agricultural policy research, with particular emphasis on developing countries. The paper provides an overview of the new institutional economics and its several branches of thought. It then describes the future challenges facing world agriculture and shows the potential applications of new institutional and transaction costs economics to agricultural policy analysis in this new world environment. The paper concludes by providing specific examples of interest in the area of agricultural market research in developing countries that can be analyzed using the new institutional economics.

Keywords: Institutional economics.; Agricultural policy Developing countries.; Research (search for similar items in EconPapers)
Date: 2001
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Citations: View citations in EconPapers (7)

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Working Paper: The new institutional economics (2001)
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Persistent link: https://EconPapers.repec.org/RePEc:fpr:mssddp:41

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