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Article

Issue:2020 №3 (71)
Section:Economics and International Economic Relations
UDK:330.837
DOI:https://doi.org/10.33271/ebdut/71.009
Article language:Ukrainian
Pages:9-17
Title:Institutional changes of the economy in the context of evolution of D. North’s views
Author:Pylypenko H. M., Dnipro University of Technology
Annotation:Methods. The study is based on the systematic analysis, which in being used in historical and economic research and allows to implement the principle of development and thus trace the changes of theoretical ideas of D. North regarding the institutional development of the economy. Along with this, such methods were used in the process of research: comparison – while comparing the views of the scholar, which are presented in the works of different periods of his work; typology – while identifying the stages of development of D. North’s ideas about sources and factors of institutional changes. Results. It was found that the formation of the concept of institutional changes took a long time and could be explained by D. North’s gradual awareness of the multifactorial nature of this process. It is shown how the views of the scholar evolved in this subject area of scientific research – from the first attempts to apply institutional analysis to the process of solving the problem of economic growth of countries up to studying the impact on socio-economic development of culture and cognitive processes. Both the genesis of D. North’s ideas about the essence of institutions, methodological principles of distinguishing them from organizations, and the formation of ideas about the main driving force of institutional changes are analyzed. Novelty. The stages of formation and development of D. North’s ideas about the sources and factors of institutional changes in society are pointed out. The potential of interdisciplinary analysis in the process of studying the sources and factors of socio-economic development of society is demonstrated. Practical value. Consideration of D. North’s scientific heritage in terms of evolution of his views regarding institutional changes of economy and society as a whole allows us to more widely appreciate his contribution into economics, as well as expand our understanding about the determinants of socio-economic development. 
Keywords:Neo-institutional theory, D. North, Institutions, Organizations, Institutional changes, Socio-economic development, Shifts in relative prices, Ideology, Tastes and preferences, Technology, Influence of culture on the evolution of institutions
File of the article:EV20203_009-017.pdf
Literature:
  • 1. Veblen, T. (1984). Teoriya prazdnogo klassa: (Tran.). Moskva: Progress.
  • 2. Gulbina, N.I. (2004). Teoriya institutsionalnykh izmeneniy D. Norta. Vestnik Tomskogo gosudarstvennogo universiteta, 283, 123-128.
  • 3. Zaostrovtsev, A.P. (2013). Duglas Nort: postizheniye istorii. Sankt-Peterburg: Izdatelstvo Yevropeyskogo universiteta v Sankt-Peterburge.
  • 4. Raskov, D.Ye. (2007). Institutsionalnaya teoriya: Duglas Nort. Vestnik Sankt-Peterburgskogo universiteta, Ser. 5, Vyp. 4, 3-9.
  • 5. Borisov, Ye.F. (2000). Khrestomatiya po ekonomicheskoy teorii. Moskva: Yurist. Retrieved from https://institutiones.com/download/books/862-hrestoma-tiya-po-economicheskoy-teorii.html.
  • 6. North, D. (1981). Structure and Change in Economic History. New York: W.W. Norton & Co., 228 p.
  • 7. Nort, D. (2000). Instytuty, instytutsionalna zmina ta funktsionuvannya ekonomiky. Kyiv: Osnovy.

Editor-in-Chief

Makurin A. A., Doctor of Economic Sciences, Professor, Department of International Relations and Audit, Dnipro University of Technology


Deputy Editors-in-Chief:

Buleev I. P., Doctor of Economic Sciences, Professor, Chief Researcher, Department of Enterprise Economics, Institute of Industrial Economics of the National Academy of Sciences of Ukraine, Ukraine

Vahonova O. H., Doctor of Economic Sciences, Professor, Head of the Department of Applied Economics, Entrepreneurship and Public Administration, Dnipro University of Technology


Chair of the Editorial Board

Bezuhla L. S., Doctor of Economic Sciences, Professor, Head of the Department of Tourism and Enterprise Economics, Dnipro University of Technology


Members of the Editorial Board:

  • Andrii Andriiovych Makurin, Doctor of Economic Sciences, Professor, Professor at the Department of International Relations and Audit, Dnipro University of Technology, Ukraine, This email address is being protected from spambots. You need JavaScript enabled to view it.
    https://orcid.org/0000-0001-8093-736X
  • Oleksandra Hryhorivna Vahonova, Doctor of Economic Sciences, Professor, Head of the Department of Applied Economics, Entrepreneurship and Public Administration, Dnipro University of Technology, Ukraine, This email address is being protected from spambots. You need JavaScript enabled to view it.
    https://orcid.org/0000-0001-6553-7771
  • Liudmyla Serhiivna Bezuhla, Doctor of Economic Sciences, Professor, Head of the Department of Tourism and Enterprise Economics, Dnipro University of Technology, Ukraine, This email address is being protected from spambots. You need JavaScript enabled to view it.
    https://orcid.org/0000-0002-6520-4325
  • Maryna Illivna Ivanova, Doctor of Economic Sciences, Professor, Professor at the Department of Management, Dnipro University of Technology, Ukraine, This email address is being protected from spambots. You need JavaScript enabled to view it.
    https://orcid.org/0000-0002-1130-0186
  • Oksana Vitaliivna Bashtannyk, Doctor of Sciences in Public Administration, Professor, Professor at the Department of History, Political Theory and Law, Dnipro University of Technology, Ukraine, This email address is being protected from spambots. You need JavaScript enabled to view it.
    https://orcid.org/0000-0003-4067-3261
  • Olena Olehivna Akhmedova, Doctor of Sciences in Public Administration, Associate Professor, Professor at the Department of Tourism and Hotel and Restaurant Business, Kyiv National University of Technologies and Design, Ukraine, This email address is being protected from spambots. You need JavaScript enabled to view it.
    https://orcid.org/0000-0003-1573-7710
  • Mykola Petrovych Horodyskyi, Candidate of Economic Sciences, Associate Professor, Zhytomyr Polytechnic State University, Ukraine, This email address is being protected from spambots. You need JavaScript enabled to view it.
    https://orcid.org/0000-0002-2093-5263
  • Eleonora Yuriivna Tereshchenko, Candidate of Economic Sciences, Associate Professor, Associate Professor at the Department of Enterprise Economics and Finance, Kyiv National University of Trade and Economics, Ministry of Education and Science of Ukraine, Ukraine, This email address is being protected from spambots. You need JavaScript enabled to view it.
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  • Valentyna Andriivna Pavlova, Doctor of Economic Sciences, Professor, Professor at the Department of Entrepreneurship, Alfred Nobel University, Dnipro, Ukraine, This email address is being protected from spambots. You need JavaScript enabled to view it.
    https://orcid.org/0000-0002-6762-8041
  • Ivan Petrovych Buleev, Doctor of Economic Sciences, Professor, Chief Researcher, Department of Enterprise Economics, Institute of Industrial Economics of the National Academy of Sciences of Ukraine, Ukraine, This email address is being protected from spambots. You need JavaScript enabled to view it.
    https://orcid.org/0000-0002-7912-3649
  • Olha Volodymyrivna Zakharova, Candidate of Economic Sciences, Associate Professor at the Department of International Economic Relations, Vasyl Stefanyk Carpathian National University, Ukraine, This email address is being protected from spambots. You need JavaScript enabled to view it.
    https://orcid.org/0000-0002-8718-0205
  • Joanna Rosak-Szyrocka, PhD, Assistant Professor at Częstochowa University of Technology, Poland
    https://wis.pcz.pl/wykladowcy---sprawozdawczosc/dr-joanna-rosak-szyrocka
    https://orcid.org/0000-0002-5548-6787
  • Jolanta Miko Nalivaike, Doctor of Social Sciences, specializing in Management, Vice-Dean of the Faculty of Business Management, Associate Professor at the Department of Management, Vilnius Gediminas Technical University (VILNIUS TECH), Lithuania, This email address is being protected from spambots. You need JavaScript enabled to view it.
    https://orcid.org/0000-0003-1009-4111
  • Marat Kuralbekovich Kamysbayev, Doctor of Economic Sciences, Professor, Department of Management and Mathematical Economics, Kazakh National Research Technical University, Almaty, 050000, Kazakhstan, This email address is being protected from spambots. You need JavaScript enabled to view it.
    https://orcid.org/0000-0002-6952-6030
  • Jan Skonieczny, PhD in Economics, Assistant Professor at the Department of Organization and Management, Wrocław University of Science and Technology, Poland, This email address is being protected from spambots. You need JavaScript enabled to view it.
    https://orcid.org/0000-0002-1027-991X

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