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Can Economic Growth Be Sustained?The Collected Papers of Vernon W. Ruttan and Yujiro Hayami$
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Keijiro Otsuka and C. Ford Runge

Print publication date: 2011

Print ISBN-13: 9780199754359

Published to Oxford Scholarship Online: April 2015

DOI: 10.1093/acprof:osobl/9780199754359.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2022. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use.date: 23 May 2022

Social Science Knowledge and Institutional Change

Social Science Knowledge and Institutional Change

(p.209) Chapter 11 Social Science Knowledge and Institutional Change
Can Economic Growth Be Sustained?

Vernon W. Ruttan

Oxford University Press

This chapter discusses an approach to the sources of demand and supply for institutional change. It explores the use of social science knowledge and role of social scientists in the design and evolution of institutional innovations and examines the contribution of agricultural economics research to the design and evolution of the “direct payment” approach to farm price and income policy. The chapter concludes with the definition of institution, which includes behavioral rules that govern patterns of relationships and actions, and decision-making units that consists of government bureaus, firms, and families.

Keywords:   institutional change, social science knowledge, social scientists, institutional innovations, agricultural economics, direct payment approach

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