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Cited by 757

The DOI matches its Crossref record; 3 of the 3 references it cites were found in a registry or an index.

The Institutional Framework and Economic Development

Scully, Gerald W.·1988·Journal of Political Economy
DOI 10.1086/261555
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Abstract

The compound growth rates of per capita output and Farrell-type efficiency measures for 115 market economies over the period 1960-80 were compared with measures of political, civil, and economic liberty. It was found that the institutional framework has significant and large effects on the efficiency and growth rate of economies. Politically open societies, which subscribe to the rule of law, to private property, and to the market allocation of resources, grow at three times the rate and are two and one-half times as efficient as societies in which these freedoms are abridged.

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Metadata

Authors
Scully, G. W.
Venue
Journal of Political Economy
Publisher
University of Chicago Press
Published
1988-06
Volume
96
Issue
3
Pages
652-662
ISSN
  • 0022-3808 (ISSN-L)
  • 1537-534X
DOI
10.1086/261555
OpenAlex
W2031917888
Cited by
757
References
3
FWCI
20.06
Type
journal article
Language
en
Open access
closed

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CoChat. (2026). Citation check: The Institutional Framework and Economic Development. https://app.cochat.ai/papers/10.1086/261555
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Scully, G. W. (1988). The Institutional Framework and Economic Development. Journal of Political Economy. https://doi.org/10.1086/261555

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.