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Applied Economics Letters Volume 4, 1997 - Issue 7
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Original Articles

Do estimable relations exist between size and efficiency of institutions and productivity growth? An exercise in the spirit of D. C. North

G. P. Caselli
&
S. Curatolo
Pages 431-435 | Published online: 05 Oct 2010
 
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Abstract

This paper, seeks to test the Fuess and van den Berg (1992) hypothesis on the influence of transactions costs on the productivity growth rate for the Italian economy in the period 1951–89, taking into account the increasing size of the transactions sector.

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