New approaches to classification of institutions

Author(s) Collection number Pages Download abstract Download full text
Bazyliuk V. B., Palyha Ye. M. № 2 (53) 153-158 Image Image

The essence and possible approaches for classifying institutions are described in the article. It was proved that one of the most important, taking into account the research of institutions impact on the functioning of complex social and economic systems, is an approach which provides the division of institutions into basic and secondary. The classification allowed to offer a graphical interpretation of the classification of institutions, which consists of the following major groups: according to the economic content and legal forms; in view of the evolutionary development; the consistency feature; based on the inter-level approach; the functional purpose; the degree of maturity; from the position of elements of system and organizational structure of the society; the importance for the functioning of the system; the degree of impact on the economic system; the impact on economic growth.

Keywords: institute, classification, institution, system.

  • 1. Kirdina, S. G. (2004). X- and Y-ekonomiki: institutcionalnyi analiz. Moskva: Nauka (in Russian).
  • 2. Mandybura, V. O. (2005). Instytusiina arkhitektonika vlasnosti ta zakonomirnosti yii funktsionuvannia. Instytutsiina arkhitektonika ta mekhanizmy ekonomichnocho rozvytku: materialy naukovoho sumpoziumu. Kharkiv. KNU, 110–116 (in Ukrainian).
  • 3. Boettke, P. J., Coyne, Ch. J. & Leeson, P. T. (2008). Institutional Stickiness and the New Development Economics. American Journal of Economics and Sociology, Vol. 67, 2, 331–358 (in English).
  • 4. Delbridge, R., Hauptmeier, M., & Sengupta, S. (2011). Beyond the enterprise: Broadening the horizons of International HRM. Human Relations, Vol. 64, 4, 483–505 (in English).
  • 5. Feige, E. L. (1990). Defining and Estimating Underground and Informal Economies: The New Institutional Economics Approach. World Development, Vol. 18, 7 (in English).
  • 6. Williamson, O. E. (2000). The New Institutional Economics: Taking Stocks, Looking Ahead. Journal of Economic Literature, 3, 595–613 (in English).