Towards a more dynamic theory of capitalist variety

Socio-Economic Review

Volumn 5, Issue 1, 2007, Pages 149-179

  Deeg, Richard ^a   Jackson, Gregory ^b  

^a TEMPLE UNIVERSITY   (United States)

^b KING'S COLLEGE LONDON   (United Kingdom)

Author keywords

Governance; Institutional change; Institutional complementarity; Institutional political economy; Varieties of capitalism

Indexed keywords

EID: 33846554715     PISSN: 14751461     EISSN: 1475147X     Source Type: Journal    
DOI: 10.1093/ser/mwl021     Document Type: Article

References (93)

1. Ahmadjian, C. L. and Robinson, P. (2001) 'Safety in Numbers: Downsizing and the Deinstitutionalization of Permanent Employment in Japan', Administrative Science Quarterly, 46, 622-654.
2. Allen, M. (2004) 'The Varieties of Capitalism Paradigm: Not Enough Variety?' Socio-Economic Review, 2, 87-108.
3. Amable, B. (2003) The Diversity of Modern Capitalism, Oxford, Oxford University Press.
4. Anastasakos, V. (2004) Labor Aspects of Internationalization: Multinational Corporations and Employment Relations in the United States and Germany. Philadelphia, Department of Political Science, Temple University.
5. Aoki, M. (2001) Toward a Comparative Institutional Analysis, Cambridge, MA, MIT Press.
6. Aoki, M. (2007) 'Endogenizing Institutions and their Changes', Journal of Institutional Economics, forthcoming.
7. Aoki, M., Gregory, J. and Hideaki, M. (2007) Corporate Governance in Japan: Organizational Diversity and Institutional Change, Oxford, Oxford University Press.
8. Beckert, J. (1996) 'What is Sociological about Economic Sociology? Uncertainty and the Embeddedness of Economic Action', Theory and Society, 25, 803-840.
9. Beckert, J. (2003) 'Economic Sociology and Embeddedness. How Shall We Conceptualize Economic Action?' Journal of Economic Issues, 37, 769-787.
10. Biggart, N. W. (1991) 'Explaining Asian Economic Organization. Toward a Weberian Institutional Perspective', Theory and Society, 20, 199-232.
11. Boersch, A. (2004) 'Globalisation, Shareholder Value, Restructuring: The (Non)-Transformation of Siemens', New Political Economy, 9, 365-387.
12. Boyer, R. (2004) 'New Growth Regimes, But Still Institutional Diversity', Socio-Economic Review, 2, 1-32.
13. Brewster, C., Wood, G. and Brookes, M. (2006) 'Varieties of Capitalism and Varieties of Firm'. In James, P. and Wood, G. (eds) Institutions, Production, and Working Life, Oxford, Oxford University Press, forthcoming.
14. Campbell, J. L. (2004) Institutional Change and Globalization, Princeton, NJ, Princeton University Press.
15. Casper, S. and Whitley, R. (2004) 'Managing Competences in Entrepreneurial Technology Firms: A Comparative Institutional Analysis of Germany, Sweden, and the UK', Research Policy, 33, 89-106.
16. Cioffi, J. W. and Höpner, M. (2006) 'Das parteipolitische Paradox des Finanzmarktkapitalismus. Aktionärsorientierte Reformen in Deutschland, Frankreich, Italien und den USA', Politische Vierteljahresschrift forthcoming.
17. Clemens, E. S. and Cook, J. M. (1999) 'Politics and Institutionalism: Explaining Durability and Change', Annual Review of Sociology, 25, 441-466.
18. Coffee, J.C. (1999) 'The Future asHistory: The Prospects forGlobalConvergence in Corporate Governance and Its Implications.' Northwestern University Law Review, 93, 641-708.
19. Crouch, C. (2005) Capitalist Diversity and Change. Recombinant Governance and Institutional Entrepreneurs, Oxford, Oxford University Press.
20. Crouch, C. and Streeck, W. (1997) Political Economy of Modern Capitalism: Mapping Convergence and Diversity. London, Thousand Oaks, CA, Sage.
21. Crouch, C., Streeck, W., Boyer, R., Amable, B., Hall, P. A. and Jackson, G. (2005) Dialogue on 'Institutional Complementarity and Political Economy', Socio-Economic Review, 2, 359-382.
22. Culpepper, P. (2005) 'Institutional Change in Contemporary Capitalism: Coordinated Financial Systems since 1990', World Politics, 57, 173-199.
23. Deeg, R. (2001) 'Institutional Change and the Uses and Limits of Path Dependency: The Case of German Finance', MPIfG Discussion Paper 01/6, Köln, Max-Planck-Institut für Gesellschaftsforschung.
24. Deeg, R. (2005) 'Path Dependency, Institutional Complementarity, and Change in National Business Systems'. In Glenn, M., Whitley, R. and Moen, E. (eds) Changing Capitalisms? Institutional Change and Systems of Economic Organization, Oxford, Oxford University Press, pp. 21-52.
25. Djelic, M.-L. and Quark, S. (eds) (2003) Globalization and Institutions: Redefining the Economic Rules of the Game, London, Edward Elgar Publishing.
26. Edwards, T., Colling, T. and Ferner, A. (2006) Comparative Institutional Analysis and the Transfer of Employment Practices in Multinational Companies, Department of Management, King's College London, Mimeo.
27. Edwards, T. and Ferner, A. (2002) 'The Renewed 'American Challenge': A Review of Employment Practice in US Multinationals', Industrial Relations Journal, 33, 94-111.
28. Fiss, P. C. (2005) 'A Set-Theoretic Approach to Organizational Configurations', Academy of Management Review, forthcoming.
29. Fiss, P. C. and Zajac, E. (2004) 'The Diffusion of Ideas over Contested Terrain: The (Non) Adoption of a Shareholder Value Orientation among German Firms', Administrative Science Quarterly, 49, 501-534.
30. Gilson, R. J. (2000) 'The Globalization of Corporate Governance: Convergence of Form or Function', Working Papers No. 192, Columbia Law School, Center for Law and Economic Studies
31. Gilson, R. J. and Milhaupt, C. (2004) 'Choice as Regulatory Reform: The Case of Japanese Corporate Governance', ECGI-Law Working Paper No. 22/ 2004.
32. Gourevitch, P. A. and Shinn, J. (2005) Political Power and Corporate Control: The New Global Politics of Corporate Governance, Princeton, NJ, Princeton University Press.
33. Goyer, M. (2003) 'Corporate Governance, Employees, and the Focus on Core Competencies in France and Germany'. In Milhaupt, C. (ed) Global Markets, Domestic Institutions: Corporate Law and Governance in a New Era of Cross-Border Deals. New York, Columbia University Press, pp. 183-213.
34. Granovetter, M. (1985) 'Economic Action and Social Structure: The Problem of Embeddedness', American Journal of Sociology, 91, 481.
35. Greif, A. (2005) Institutions: Theory and History. Cambridge, UK, Cambridge University Press.
36. Hall, P. A. and Gingerich, D. W. (2004) 'Varieties of Capitalism and Institutional Complementarities in the Macroeconomy: An Empirical Analysis', Discussion Paper, Max-Planck-Institut für Gesellschaftsforschung.
37. Hall, P. A. and Soskice, D. (2001) Varieties of Capitalism: The Institutional Foundations of Comparative Advantage. Oxford, Oxford University Press.
38. Hall, P. A. and Taylor, R. C. R. (1996) 'Political Science and the Three New Institutionalisms', Discussion Paper(6), Max-Planck-Institut für Gesellschaftsforschung.
39. Hall, P. A. and Thelen, K. (2005) 'The Politics of Change in Varieties of Capitalism', Paper presented at the American Political Science Association, 2005 Conference.
40. Herrigel, G. (1996) Industrial Constructions: The Sources of German Industrial Power. Cambridge, UK, Cambridge University Press.
41. Herrigel, G. and Wittke, V. (2005) 'Varieties of Vertical Disintegration: The Global Trend Toward Heterogenous Supply Relations and the Reproduction of Difference in US and German Manufacturing'. In Glenn, M., Whitley, R. and Moen, E. (eds) Changing Capitalisms? Internationalization, Institutional Change, and Systems of Economic Organization, Oxford, Oxford University Press, pp. 312-351.
42. Hollingsworth, J. R. and Boyer, R. (1997) Contemporary Capitalism: The Embeddedness of Institutions. Cambridge, UK, New York, Cambridge University Press.
43. Hollingsworth, J. R., Schmitter, P. C. and Streeck, W. (1994) Governing Capitalist Economies, Oxford, Oxford University Press.
44. Höpner, M. (2001) 'Corporate Governance in Transition: Ten Empirical Findings on Shareholder Value and Industrial Relations in Germany', MPIfG Discussion Paper 01/5, Köln, Max-Planck-Institut für Gesellschaftsforschung.
45. Howell, C. (2003) 'Varieties of Capitalism: And Then There was One?' Comparative Politics, 36, 103-124.
46. Jackson, G. (2003) 'Corporate Governance in Germany and Japan: Liberalization Pressures and Responses'. In Kozo, Y. and Streeck, W. (eds) The End of Diversity? Prospects for German and Japanese Capitalism, Ithaca, NY, Cornell University Press. pp. 261-305.
47. Jackson, G. (2005) 'Contested Boundaries: Ambiguity and Creativity in the Evolution of German Codetermination'. In Streeck, W. and Thelen, K. (eds) Beyond Continuity: Explorations in the Dynamics of Advanced Political Economies, Oxford, Oxford University Press, pp. 229-254.
48. Jackson, G. (2005) 'Employee Representation in the Board Compared: A Fuzzy Sets Analysis of Corporate Governance, Unionism, and Political Institutions', Industrielle Beziehungen, 12, 1-28.
49. Jackson, G. (2005) 'Modeling Complementarity: Multiple Functions and Different Levels', Socio-Economic Review, 3, 381-384.
50. Jackson, G. and Deeg, R. (2006) 'How Many Varieties of Capitalism? Comparing the Comparative Institutional Analyses of Capitalist Diversity', Discussion Paper 06/2, Max-Planck-Institut fuer Gesellschaftsforschung.
51. Joas, H. (1992) Die Kreativität des Handelns. Frankfurt am Main, Suhrkamp.
52. Kenworthy, L. (2006) 'Institutional coherence and macroeconomic performance.' Socio-Economic Review, 4, 69-91.
53. Kester, W. C. (1996) 'American and Japanese Corporate Governance: Convergence to Best Practice?' In Suzanne, B. and Dore, R. (eds) National Diversity and Global Capitalism, Ithaca, NY, Cornell University Press. pp. 107.
54. Kogut, B., MacDuffie, J. P. and Ragin, C. C. (2004) 'Prototypes and Strategy: Assigning Causal Credit Using Fuzzy Sets', European Management Review, 1, 114-131.
55. Kogut, B. and Ragin, C. C. (2006) 'Exploring complexity when diversity is limited: Institutional complementarity in theories of rule of law and national systems revisited', European Management Review, 3, 44-59.
56. Locke, R. M. (1995) Remaking the Italian Economy Ithaca, NY, Cornell University Press.
57. Maurice, M., Sellier, F. and Silvestre, J.-J. (1986) The Social Foundations of Industrial Power: A Comparison of France and Germany, Cambridge, MA, MIT Press.
58. Mayer, C. and Fluck, Z. (2005) 'Race to the top or bottom? Corporate governance, freedom of reincorporation and competition in law', Oxford Financial Research Centre Economics Series 2005-FE-07.
59. Milgrom, P. R., Qian, Y. and Roberts, J. (1991) 'Complementarities, Momentum, and the Evolution of Modern Manufacturing', American Economic Review, 81, 84-88.
60. Milgrom, P. R. and Roberts, J. (1990) 'Rationalizability, Learning, and Equilibrium in Games with Strategic Complementarities', Econometrica, 59, 1255-1277.
61. Molina, O. and Rhodes, M. (2006) 'Conflict, Complementarities and Institutional Change in Mixed Market Economies'. In Hancke', B., Rhodes, M. and Thatcher, M. (eds) Beyond Varieties of Capitalism: Contradictions, Complementarities & Change, Oxford, Oxford University Press, forthcoming.
62. Morgan, G. (2005) 'Institutional Complementarties, Path Dependency, and the Dynamics of Firms'. In Morgan, G., Whitley, R. and Moen, E. (eds) Changing Capitalisms? Institutional Change and Systems of Economic Organization, Oxford, Oxford University Press.
63. Morgan, G. and Kubo, I. (2005) 'Beyond Path Dependency? Constructing New Models for Institutional Change: The Case of Capital Markets in Japan', Socio-Economic Review, 3, 55-82.
64. Morgan, G., Whitley, R. and Moen, E. (eds) (2005) Changing Capitalisms? Institutional Change and Systems of Economic Organization, Oxford, Oxford University Press.
65. Paunescu, M. and Schneider, M. (2004) Wettbewerbsfaehigkeit und Dynamik institutioneller Standortbedingungen: Ein empirischer Test des 'Varieties of Capitalism'-Ansatzes., University of Trier.
66. Pierson, P. (2004) Politics in Time: History, Institutions, and Political Analysis, Princeton, NJ, Princeton University Press.
67. Powell, W. W. and DiMaggio, P. J. (eds) (1991) The New Institutionalism in Organizational Analysis, Chicago, University of Chicago Press.
68. Rehder, B. (2003) Betriebliche Bündniss für Arbeit in Deutschland: Mitbestimmung und Flächentarif im Wandel, Frankfurt, Campus.
69. Sabel, C. F. (1994) 'Learning By Monitoring: The Institutions of Economic Development'. In Smelser, N. J. and Sweberg, R. (eds) The Handbook of Economic Sociology, Princeton, NJ, Princeton University Press.
70. Sako, M. (2005) 'Does Embeddedness Imply Limits to Within Country Diversity?' British Journal of Industrial Relations, 43, 585-592.
71. Sako, M. and Jackson, G. (2006) 'Strategy Meets Institutions: The Transformation of Management-Labor Relations at Deutsche Telekom and NTT', Industrial and Labor Relations Review, 59, 347-366.
72. Saxenian, A. (1994) Regional Advantage. Culture and Competition in Silicon Valley and Route 128, Cambridge, MA, Harvard University Press.
73. Scharpf, F. W. (2000) 'Notes Toward a Theory of Multilevel Governing in Europe', MPIfG Discussion Paper 00/5, Köln, Max-Planck-Institut fuer Gesellschaftsforschung.
74. Schmidt, V. A. (2000) 'Still Three Models of Capitalism? The Dynamics of Economic Adjustment in Britain, Germany, and France'. In Czada, R. and Lütz, S. (eds) Die politische Konstsruktion von Märkte, Wiesbaden, Westdeutscher Verlag. pp. 38-72.
75. Schmidt, V. A. (2002) The Futures of European Capitalism. Oxford, Oxford University Press.
76. Stark, D. (2001) 'Ambiguous Assets for Uncertain Environments: Heterarchy in Postsocialist Firms'. In DiMaggio, P. (ed) The Twenty-First-Century Firm. Changing Economic Organization in International Perspective, Princeton, NJ, Princeton University Press. pp. 69-104.
77. Stark, D. and Bruszt, L. (1998) Postsocialist Pathways. Transforming Politics and Property in East Central Europe, Cambridge, UK, Cambridge University Press.
78. Streeck, W. (1996) 'Lean Production in the German Automobile Industry: A Test Case for Convergence Theory'. In Berger, S. and Dore, R. (eds) National Diversity and Global Capitalism, Ithaca, NY, Cornell University Press. pp. 138-170.
79. Streeck, W. (1997) 'Beneficial Constraints: On the Economic Limits of Rational Voluntarism'. In Hollingsworth, J. R. and Boyer, R. (eds) Contemporary Capitalism: The Embeddedness of Institutions, Cambridge, UK, Cambridge University Press. pp. 197-219.
80. Streeck, W. (1997) 'Citizenship under Regime Competition: The Case of the 'European Work Councils', Jean Monnet Chair Papers, Florence, European University Institute, Robert Schuman Centre 42.
81. Streeck, W. and Thelen, K. (eds) (2005) Beyond Continuity: Explorations in the Dynamics of Advanced Political Economies, Oxford, Oxford University Press.
82. Streeck, W. and Yamamura, K. (eds) (2001) The Origins of Nonliberal Capitalism: Germany and Japan in Comparison. Ithaca, NY, Cornell University Press.
83. Thelen, K. (1999) 'Historical Institutionalism in Comparative Politics', American Review of Political Science, 2, 369-404.
84. Thelen, K. (2003) 'How Institutions Evolve: Insights from Comparative-Historical Analysis'. In Mahoney, J. and Rueschemeyer, D. (eds) Comparative Historical Analysis in the Social Sciences, Cambridge, UK, Cambridge University Press, pp. 208-240.
85. Thelen, K. (2004) How Institutions Evolve: The Political Economy of Skills in Germany, Britain, the United States and Japan, Cambridge, UK, Cambridge University Press.
86. Vitols, S. (2004) 'Negotiated Shareholder Value: The German Version of an Anglo-American Practice', Competition and Change, 8, 1-18.
87. Weber, M. (1989) Die Wirtschaftsethik der Weltreligionen. Konfuzianismus und Taoismus, Tübingen, J.C.B. Mohr.
88. White, H. C. (1992) Identity and Control: A Structural Theory of Social Action, Princeton, NJ, Princeton University Press.
89. Whitford, J. (2002) 'Pragmatism and the untenable dualism of means and ends: Why rational choice theory does not deserve paradigmatic privilege', Theory and Society, 31, 325-363.
90. Whitley, R. (1999) Divergent Capitalisms: The Social Structuring and Change of Business Systems, Oxford, Oxford University Press.
91. Whitley, R. (2005) 'How National are Business Systems? The Role of States and Complementary Institutions in Standardizing Systems of Economic Coordination and Control at the National Level.' In Morgan, G., Whitley, R. and Moen, E. (eds) Changing Capitalisms? Internationalization, Institutional Change, and Systems of Economic Organization, Oxford, Oxford University Press, pp. 190-234.
92. Wright, E. O., Tsakalotos, E. and Streeck, W. (2004) 'Symposium on 'Beneficial Constraints' and Economic Progress', Socio-Economic Review, 2, 405-437.
93. Zeitlin, J. (2000) 'Introduction: Americanization and Its Limits: Reworking US Technology and Management in Post-War Europe and Japan'. In Zeitlin, J. and Herrigel, G. (eds) Americanization and Its Limits: Reworking US Technology and Management in Post-War Europe and Japan, Oxford, Oxford University Press. pp. 1-52.