Institution could create efficiency and promote economic growth.

制度能够产生效率，促进经济增长。

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Therefore labor division is not only restricted by market scale or scope, but also bounded by transactional efficiency in arrangement of institution.

因此，分工不仅受市场规模或范围的限制，实际上也受制度安排中交易效率的限制。

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The structural efficiency of institution depends on the situation of institutional make-up.

制度结构的效率则主要取决于制度配置状况。

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Lavin runs this hallowed institution in a Catholic town in Newfoundland with deceptive efficiency.

NEWYORKER: The Boys of St. Vincent