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Institutions and Economic Growth: The Politics of Productivity in West Germany, Sweden, and the United Kingdom, 1945–1955

Published online by Cambridge University Press:  03 March 2009

Alan Booth ,
Joseph Melling  and
Christoph Dartmann
Alan Booth
Affiliation:
Department of Economic & Social History, University of Exeter, Exeter EX4 4RJ
Joseph Melling
Affiliation:
Department of Economic & Social History, University of Exeter, Exeter EX4 4RJ
Christoph Dartmann
Affiliation:
Department of History, University of Aberdeen, Aberdeen AB9.
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Abstract

This article reviews Mancur Olson’s ideas concerning the impact of institutions on growth rates and national competitive performance. We suggest that Olson’s “ideal typical” methodology limits the usefulness of his approach and that institutional structures and strategies can be dependent variables. In comparing the performance of three European countries in the postwar period, we argue (contrary to strict Olsonian principles) that changing market and political environments helped to determine the kind of institutional forms that emerged. We question the weight that Olson places on the role of institutional structures and strategies on long-run economic performance.

Type
Articles
Information
The Journal of Economic History , Volume 57 , Issue 2 , June 1997 , pp. 416 - 444
Copyright
Copyright © The Economic History Association 1997

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