Comparative Analysis of Institutional Efficiency And Economic Efficiency

The fact of the new Institutional Economics transferred the point to the efficiency on old days from Economic Efficiency to Institutional Efficiency is a great progress in economics. Although criterions of the Institutional Efficiency are different to each other ,yet most of them are connected with Economic Efficiency .Therefore ,the two of them are connected tightly . The comparison of their connections shows that the same improvement and promotion in Institutional Efficiency and Economic Efficiency demands dispelling the low Economic Efficiency produced by Institutional Non'efficiency ,also it is necessary to decrease the Institutional Cost and prompt the Institutional Efficiency.