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increasing returns

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Journal Article
History of Political Economy (2015) 47 (3): 449–479.
Published: 01 September 2015
... funded by the National Science Foundation, a project that enabled Arrow to develop a theoretical and macroeconomic theory of increasing returns. We then examine the influence of John Dewey's experiential approach to education on Arrow's use of the notion of “learning by doing” and its approximation...
Journal Article
History of Political Economy (1997) 29 (3): 413–443.
Published: 01 September 1997
... Increasing Returns. In The State of Development Economics: Progress and Perspectives , edited by Gustav Panis and T. Paul Schultz. Oxford: Basil Blackwell. Scott , Maurice FG. 1989 . A New View of Economic Growth . Oxford: Oxford University Press. Sandilands , Roger J. . 1991 . A New View...
Journal Article
History of Political Economy (1999) 31 (3): 511–523.
Published: 01 September 1999
...James M. Buchanan; Yong J. Yoon References Arthur , Brian . 1994 . Increasing Returns and Path Dependence in the Economy . Ann Arbor: University of Michigan Press. Buchanan , James M. . 1994 . Ethics and Economic Progress . Norman, Okla: University of Oklahoma Press...
Journal Article
History of Political Economy (1987) 19 (1): 87–106.
Published: 01 March 1987
... : 22 -59. Blitch , C. P. 1983 . ‘Allyn Young on increasing returns.’ Journal of Post Keynesian Economics 5 : 359 -72. Dorfman , R. , P. Samuelson, and R. Solow 1958 . Linear programming and economic analysis . New York. Eagly , R. V. 1974 . The structure of economic...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 285–303.
Published: 01 December 2009
... of macroeconomic increasing returns reveals the limitations of models that assume an aggregate production function exhibiting constant returns to scale while “augmented” by exogenous technical progress. His endogenously self-sustaining growth paradigm is also shown to differ in important respects (including in its...
Journal Article
History of Political Economy (2022) 54 (1): 1–35.
Published: 01 February 2022
...” literature. This article discusses how that assessment fits in Samuelson’s published writings on economic development, throughout several editions of his textbook Economics , and in papers he wrote before and after that assessment. Increasing returns posed a main analytical hurdle, together with the elusive...
Journal Article
History of Political Economy (1990) 22 (3): 443–463.
Published: 01 September 1990
..., Section F, “Increasing returns and economic progress,” for further elucidation of the point.)S He felt that Smith’s discussion of value and distribution was subsidiary in The wealth of nations, as his chief interests were exposing the errors of mercantilism and considering the functioning...
Journal Article
History of Political Economy (2003) 35 (1): 49–75.
Published: 01 March 2003
... to Scale and Marshallian Economics. History of Economics Review 16 (summer): 31 -79. Henderson, Hubert. 1922 . Supply and Demand . New York: Harcourt, Brace & Co. Keynes, John Maynard. 1930 . Note by the Editor. [An introductory note to the symposium on increasing returns...
Journal Article
History of Political Economy (1994) 26 (3): 351–368.
Published: 01 September 1994
... of comparative advantage” ( 174). Thus, for Krugman and Lancaster, trade could occur without there be- ing any difference in pre-trade prices across trading partners. The opening up of trade under increasing returns could then create a comparative ad- vantage, where no pre-trade comparative advantage...
Journal Article
History of Political Economy (2006) 38 (4): 733–774.
Published: 01 November 2006
... of Political Economy . London: Macmillan. Sraffa, Piero. 1925 . Sulle relazioni fra costo e quantità prodotta. Annali di economia 11 : 277 -88. ____. 1926 . The Laws of Returns under Competitive Conditions. Economic Journal 36 : 535 -50. ____. 1930 . Increasing Returns...
Journal Article
History of Political Economy (1983) 15 (1): 1–24.
Published: 01 March 1983
...).The association between Knight and Young was to continue until the day of Young’s death. While they were not always in agreement, es- pecially on the matter of increasing returns, their professional and per- sonal relationship was marked by a temperate and generous exchange of ideas and criticisms...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 1–23.
Published: 01 December 2009
.... Pomini, Mario, and Giovanni Tondini. 2006 . The Idea of Increasing Returns in Neoclassical Growth Models. European Journal of the History of Economic Thought 13.3 : 365 –86. Ramsey, Frank P. 1928 . A Mathematical Theory of Saving. Economic Journal 38 : 543 –59. Robinson, Joan V. 1956...
Journal Article
History of Political Economy (2000) 32 (Suppl_1): 325–360.
Published: 01 December 2000
..., and Future of Regional Science: An American Perspective. International Regional Science Review 17.3 : 249 -96. Krugman, Paul. 1979 . Increasing Returns, Monopolistic Competition, and International Trade. Journal of International Economics 9.4 : 469 -79. ____. 1980 . Scale Economies, Product...
Journal Article
History of Political Economy (1987) 19 (4): 659–666.
Published: 01 November 1987
... to building non-Walrasian models is to recognize that with a few limited exceptions (e.g., Chipman 1970) the usual general equilib- rium model may be inconsistent with the existence of increasing returns of any “fact” depends on its logical interaction with one or more theories in question...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 149–160.
Published: 01 December 2009
...). Solow consistently has aligned himself with the marginalists in opposition to this alternative tradition. Increasing Returns In the 1956 paper Solow asserts that “in a competitive economy the real wage [of labor] and real rental [on capital] are determined by the traditional marginal...
Journal Article
History of Political Economy (1997) 29 (3): 523–548.
Published: 01 September 1997
...Peter Lewin References Arthur , W. B. 1989 . Competing Technologies, Increasing Returns, and Lock In by Historical Events. Economic Journal 99 : 116 -31. Becker , G. S. 1993 . Human Capital . 3d ed. Chicago: University of Chicago Press. Buchanan , J. M. , and Y. J...
Journal Article
History of Political Economy (1991) 23 (1): 1–11.
Published: 01 March 1991
... of The Weulth of Ntitions has only confirmed it. See also Blaug 1985, 36; Eltis 1984. 68, 71-73; Hollander 1987, 166-70. 7. Eltis (1984.68) refers to increasing returns and learning by doing. 4 History of Political Economy 23:1 (1991) source of growth, in addition to increasing returns. It is true...
Journal Article
History of Political Economy (2014) 46 (suppl_1): 198–228.
Published: 01 December 2014
... on the assumption of indivisibilities in the produc- tion functions—particularly in the form of social overhead capital—which generated increasing returns to scale and external economies. The rate of return in each industry, he believed, is influenced by demand from com- plementary ones, opening up...
Journal Article
History of Political Economy (2002) 34 (Suppl_1): 272–283.
Published: 01 December 2002
... from increasing returns to scale. Foremost among the insights How I Learned to Love Weintraub 277 is the logic of circular and cumulative causation. The logic is not en- tirely new: it was employed in one form or another by several earlier theorists,for instance...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 47–66.
Published: 01 December 2009
... on Population. HOPE 1.1 : 151 –72. Svennilson, I. 1938 . Ekonomisk planering . Uppsala: Akademisk avhandling. ———. 1944 . Industriarbets växande avkastning i belysning av svenska erfarehenter (The Increasing Returns of Labor in Sweden). In Studier i ekonomi och historia, tillägnade Eli F...