Abstract: | The new institutionalist approach is heavily committed to the idea that institutions matter. This article explores this commitment by examining the institutions of corporatism using comparative data in order to relate these to those of Konkordanzdemokratie. A neo-institutionalist perspective may be employed to illustrate how the institutions of Konkordanzdemokratie and macrocorporatism are related, both in terms of their origins as well as their policy outputs and outcomes. This article shows that both the conditions and the configuration of outputs and outcomes of Konkordanzdemokratie and corporatism are different. Therefore, one should clearly distinguish between these two sets of institutions. In a cross-sectional approach the configuration of socio-economic outcomes connected with these institutions are not as impressive as often claimed. |