Adaptive Efficiency During the Great Recession: An Analysis of the Institutional and Organizational Determinants of Crisis Resilience

In: Wirtschaft und Politik Ser.

Abstract

Intro -- Acknowledgements -- Content -- Abbreviations -- Figures -- Tables -- 1. Introduction -- 2. Theories of Adaptive Efficiency and the Determinants of Crisis Resilience -- 2.1 Definitions of the Main Concepts and Outline of the Analytical Framework -- 2.2 Mancur Olson's Account of Adaptive Efficiency -- 2.2.1 Olson's General Account -- 2.2.2 Olson's Account of the Determinants of Economic Institutions -- 2.2.3 Olson's Account of the Determinants of Crisis Resilience -- 2.2.4 Summary and Limits of Olson's Account -- 2.3 North, Wallis & -- Weingast's Account of Adaptive Efficiency -- 2.3.1 NWW's General Account -- 2.3.2 NWW's Account of the Determinants of Economic Institutions -- 2.3.3 NWW's Account of the Determinants of Crisis Resilience -- 2.3.4 Summary and Limits of NWW's Account -- 2.4 The Missing Aspect of Adaptive Efficiency - The Costs of Adaption and the Importance of Structural Stability -- 2.5 Summary of the Previous Discussion - The Theoretical Concept of Adaptive Efficiency -- 3. The Empirical Approach to Studying the Determinants of Crisis Resilience -- 3.1 Review of the Empirical Literature on Institutions, Interest Groups and Growth -- 3.2 Outline of the Empirical Approach to Testing the Determinants of Crisis Resilience -- 4. The Empirical Analysis of Adaptive Efficiency during the Great Recession 2008 to 2012 -- 4.1 The Definition of the Dependent Variables -- 4.1.1 Literature Review and Discussion of Potential Dependent Variables -- 4.1.2 Operationalizing the Dependent Variables Representing Crisis Resilience -- 4.2 The Selection of Control Variables and Control Models -- 4.2.1 Literature Review of Potential Control Variables -- 4.2.2 Selecting Control Variables -- 4.3 The Empirical Analysis Part I: Economic Institutions and Crisis Resilience -- 4.3.1 Rule of Law and Crisis Resilience.