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How much could economics gain from history: the contribution of cliometrics

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  • Jean-Luc Demeulemeester

    ()
    (DULBEA, Université Libre de Bruxelles, Bruxelles, Belgium & SKOPE, University of Oxford, Oxford, UK)

  • Claude Diebolt

    ()
    (BETA/CNRS, Faculty of Economics, Université Louis Pasteur de Strasbourg, France & Humboldt-Universität zu Berlin, Berlin, Germany)

Abstract

Is cliometrics a discipline that could help economists to close the gap between theory and empirical analysis? For many authors, and certainly many of its protagonists, cliometrics appears to be first of all a new branch of history, using economic theories, tools and techniques to provide answers mainly to historiographical debates and not so much to economic debates per se. Could nevertheless this discipline help economists to come closer to physics by enabling them to discover true laws in economics? More modestly some recent work in cliometrics performed by economists (stricto sensu) reveals the possibility of cliometrics to be an auxiliary discipline of economics (and not solely of history). As such, it should form part of the basic toolkit of all properly educated economists. In this paper we give a survey on the key methodological issue of existence (and type) of laws in economics and the proper role that could be assigned to cliometrics to best serve the development of economics in this perspective.

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Bibliographic Info

Article provided by Association Française de Cliométrie (AFC) in its journal Cliometrica, Journal of Historical Economics and Econometric History.

Volume (Year): 1 (2007)
Issue (Month): 1 (April)
Pages: 7-17

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Handle: RePEc:afc:cliome:v:1:y:2007:i:1:p:7-17

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Web page: http://www.cliometrie.org
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Keywords: Economic law; Economic history; Cliometrics; Methodology;

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Cited by:
  1. Jean-Luc Demeulemeester & Claude Diebolt, 2011. "Education and Growth: What Links for Which Policy?," Historical Social Research (Section 'Cliometrics'), Association Française de Cliométrie (AFC), vol. 36(4), pages 323-346.
  2. Marongiu, Federico, 2008. "La necesidad de teorías heterodoxas para el acercamiento entre historia y economía
    [The need of Heterodox theories for a marriage between history and economics]
    ," MPRA Paper 8746, University Library of Munich, Germany.
  3. Kyrtsou, Catherine & Vorlow, Costas, 2009. "Modelling non-linear comovements between time series," Journal of Macroeconomics, Elsevier, vol. 31(1), pages 200-211, March.
  4. Charlotte Le Chapelain, 2013. "Cliométrie et Capital humain," Working Papers 01-13, Association Française de Cliométrie (AFC).
  5. Antoine Parent, 2012. "A critical note on "This time is different"," Cliometrica, Journal of Historical Economics and Econometric History, Association Française de Cliométrie (AFC), vol. 6(2), pages 211-219, May.
  6. Dieter Bögenhold, 2008. "Economics, Sociology, History: Notes on Their Loss of Unity, Their Need for Re-integration and the Current Relevance of the Controversy between Carl Menger and Gustav Schmoller," Forum for Social Economics, Springer, vol. 37(2), pages 85-101, August.

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