+7 925 966 4690, 9am6pm (GMT+3), Monday – Friday
ИД «Финансы и кредит»

JOURNALS

  

FOR AUTHORS

  

SUBSCRIBE

    
Economic Analysis: Theory and Practice
 

FEATURES OF EXOGENOUS APPROACH TO INTERPRETATION OF INSTITUTIONAL CYCLES

Vol. 13, Iss. 6, FEBRUARY 2014

Available online: 8 February 2014

Subject Heading: Theory and methodology of the economic analysis

JEL Classification: 

Kaluzhskii Mikhail L. PhD in Philosophic, Associate Professor of the Department of Organization and Management of the High Technology Manufactures, Omsk State Technical University
frsr@inbox.ru

The exogenous concept of institutional recurrence and institutional balance is presented in article. The institutional cycle is considered as life cycle of social and economic institutes as the methodological basis of the institutional analysis for all types of economic cycles and processes. The author analyzes mutual compliance of formal and informal institutes at different stages of their cyclic development.

Keywords: exogenous, endogenous, business cycle, institutional cycle, institutional theory, economic balance, economic crisis

References:

  1. Azrilijan A.N. The big economic dictionary [Bol'shoi ekonomicheskii slovar']. Moscow, Institute of new economy, 1997.
  2. Bessonova O.E. The general theory of institutional transformations as a new picture of the world [Obshchaia teoriia institutsional'nykh transformatsii kak novaia kartina mira], Obshchestvennye nauki i sovremennost' – Social sciences and present, 2006, no. 2, pp. 130–142.
  3. Glaziev S.U. The theory of long-term technical and economic development [Teoriia dolgosrochnogo tekhniko-ekonomicheskogo razvitiia]. Moscow, VlaDar, 1993.
  4. Dementiev V.E. (2009) Long waves of economic development and financial bubbles [Dlinnye volny ekonomicheskogo razvitiia i finansovye puzyri], Moscow, CEMI Russian Academy of Sciences, 2009. Working paper no. WP/2009/252.
  5. Kevorkov V.V., Leontev S.V. (1999) Policy and Practice of Marketing [Politika i praktika marketinga], Moscow, ISARP, Biznes-Tezaurus,1999.
  6. Korotaev A.V., Tsirel S.V. (2010) Kondratev waves in world economic dynamics, System monitoring: Global and regional development [Kondrat'evskie volny v mirovoi ekonomicheskoi dinamike, Sistemnyi monitoring. Global'noe i regional'noe razvitie]. Moscow, Librokom/URSS, pp. 189–229.
  7. Kotler P. Marketing Management [Marketing menedzhment], St. Petersburg, Piter, 1998.
  8. Coase R. H. The Firm, the Market and the Law [Firma, rynok i pravo], Moscow, Novoe izdatel'stvo, 2007.
  9. Nelson R., Winter S. An Evolutionary Theory of Economic Change [Evoliutsionnaia teoriia ekonomicheskikh izmenenii]. Moscow, Delo, 2002.
  10. North D. Institutions, Institutional Change and Economic Performance [Instituty, institutsional'nye izmeneniia i funktsionirovanie ekonomiki]. Moscow, Fond ekonomicheskoi knigi «Nachala», 1997.
  11. Olejnik A.N. Institutional economy [Institutsional'naia ekonomika]. Moscow, Infra-M, 2002.
  12. Olejnik A.N. The Political Economy of Power: Approaches to the Analysis of Relationships between the State and Business in Russia [Politekonomiia vlasti: podkhody k analizu otnoshenii mezhdu gosudarstvom i biznesom v Rossii], Voprosy ekonomiki – Economy questions, 2011, no. 5, pp. 19–33.
  13. Perez C. Technological Revolutions and Financial Capital: The Dynamics of Bubbles and Golden Ages [Tekhnologicheskie revoliutsii i finansovoi kapital. Dinamika puzyrei i periodov protsvetaniia]. Moscow, Delo, 2011.
  14. Rumyantseva S.U. (1998) Motive forces of long waves. Problems of development of methodology of N.D. Kondratyev [Dvizhushchie sily dlinnykh voln. Problemy razvitiia metodologii N.D. Kondrat'eva], Vestnik of Saint-Petersburg University, Series 5, Economy, Issue 3, 1998, no. 19, pp. 65–73.
  15. Frolov D.P. Theory of Crises after Crisis: Technologies versus Institutions [Teoriia krizisov posle krizisa: tekhnologii versus instituty], Voprosy ekonomiki – Economy questions, 2011, no. 7, pp. 17–33.
  16. Hodgson G. Economics and Institutions. A Manifesto for a Modern Institutional Economics [Ekonomicheskaia teoriia i instituty. Manifest sovremennoi institutsional'noi ekonomicheskoi teorii]. Moscow, Delo, 2003.
  17. Schumpeter J. The Theory of Economic Development [Teoriia ekonomicheskogo razvitiia]. Moscow, Progress, 1982.
  18. Rostow W.W. (1975) Kondratieff, Schumpeter and Kuznets: Trend Periods Revisited. The Journal of Economic History, 1975, vol. 35, issue 4, pp. 719–753.
  19. Rostow W.W. The World Economy: History and Prospect. University of Texas Press, 1978.
  20. Van Duijn J.J. (1983) The Long Wave in Economic Life. London, Unwin Hyman, 1983.

View all articles of issue

 

ISSN 2311-8725 (Online)
ISSN 2073-039X (Print)

Journal current issue

Vol. 23, Iss. 3
March 2024

Archive