The purpose of this paper is to examine and analyze the process of introduction and establishment of the “new and old” institution of property rights in land in Ukraine. This paper consists of a historical overview of property rights in agricultural land. The review starts when Ukraine was a...

Systematic managerial ignorance (SMI) is concealed as a dark secret especially to protect the rule of outsider executives. SMI is terra incognita, an unknown land that evades usual research methods. A longitudinal semi-native anthropological study of automatic processing plants by a management...

This paper proposes a theoretical monetary model to inquire as to whether the growth and decline in barter transactions between firms in Russia during the 1990s was the result of credit rationing or firms. optimal decision. The model also provides an explanation for the negative correlations...

This paper outlines several important changes in our economic model brought about by the emergence of the knowledge economy. Until now, property rights have acquired a solid track record for being the most reliable and efficient societal device for coping with economic uncertainty. In the...

In this study we assume that government is distorted as it is open to the influence of producers' collective action. Remaining within the confines of industrial policy debates, the study draws attention to the role that institutional arrangements and asymmetries in sectoral technology absorption...

Housing of limited property rights, including so-called "small-property-rights housing" in the countryside (SLPR housing) and affordable housing program in the city (ALPR housing), is an important feature of China's housing policy. This paper presents an integrated analysis of ALPR and SLPR...

One of the key goals of political economy is to understand how institutional arrangements shape policy outcomes. This paper studies a comparatively neglected aspect of this - the forces that shape heterogeneous performance of autocracies. The paper develops a simple theoretical model of...

The way the results of the human activity are measured has been and still is a major theoretical and practical concern of the economic world. In this article we are particularly interested in analyzing the circumstances that provide a real image for the economic results at macroeconomic level....

Why are some countries more technologically innovative than others? National technological capability plays an important causal role in theories of war, alliance formation, and patterns of international trade and finance. However, explanations for national differences in technological...

Are decentralized states better at technological innovation than centralized states? Economic and political theorists, from Hayek to Mokyr, suggest that government decentralization offer advantages for innovators. Decentralized governments are widely seen as agile, competitive, and well...