IDEAS home Printed from https://ideas.repec.org/a/bla/rdevec/v26y2022i3p1393-1410.html
   My bibliography  Save this article

Advantage integration: A methodological framework for growth and development

Author

Listed:
  • Sherman Xie
  • Lin Xia

Abstract

This paper proposes an analytical framework for growth and development, and based on this methodological framework, this paper reveals why the United States has become powerful and predicts its probable decline. Different from the past views, this paper argues that the advantage integration–oriented production model and the proactive open strategy and policy orientation based on it are the core driving forces for growth and development. Driven by both capital and technology, the economic structure and social fabric of the United States has been undergoing tremendous changes for more than 200 years, so the members, the power, and the appeals of different interest groups are also changing. At the microlevel, the production model adapted to the economic structure and social fabric of the United States is changing, and correspondingly, at the macrolevel, the strategy and policy orientation of the United States are changing as well. This paper details the advantage integration–oriented development practices in U.S. history and briefly discusses the prospects of the practical application of this methodology. The United States is a typical country that achieved catch‐up through advantage integration and ultimately gained global economic dominance, and this implies that the strategy and policy based on this model of development are necessarily open and positive. However, the current growing conservative policy orientation in the United States may not be a good sign.

Suggested Citation

  • Sherman Xie & Lin Xia, 2022. "Advantage integration: A methodological framework for growth and development," Review of Development Economics, Wiley Blackwell, vol. 26(3), pages 1393-1410, August.
    • Handle: RePEc:bla:rdevec:v:26:y:2022:i:3:p:1393-1410
    DOI: 10.1111/rode.12894
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/rode.12894
    Download Restriction: no
    File URL: https://libkey.io/10.1111/rode.12894?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Dittmar, Helga, 1994. "Material possessions as stereotypes: Material images of different socio-economic groups," Journal of Economic Psychology, Elsevier, vol. 15(4), pages 561-585, December.
    2. Sherman Xie, 2019. "Why comparative advantage is a problematic guide to practical policy," Economic Affairs, Wiley Blackwell, vol. 39(2), pages 243-250, June.
    3. Michael C. Carroll & James Ronald Stanfield, 2003. "Social Capital, Karl Polanyi, and American Social and Institutional Economics," Journal of Economic Issues, Taylor & Francis Journals, vol. 37(2), pages 397-404, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jin, Ting & Prentice, Catherine & Shao, Wei, 2021. "Identifying antecedent conditions for luxury brand purchase," Journal of Retailing and Consumer Services, Elsevier, vol. 60(C).
    2. Liselot Hudders & Mario Pandelaere, 2012. "The Silver Lining of Materialism: The Impact of Luxury Consumption on Subjective Well-Being," Journal of Happiness Studies, Springer, vol. 13(3), pages 411-437, June.
    3. Afzaal Ali & Guo Xiaoling & Adnan Ali & Mehkar Sherwani & Farhan Muhammad Muneeb, 2019. "Customer motivations for sustainable consumption: Investigating the drivers of purchase behavior for a green‐luxury car," Business Strategy and the Environment, Wiley Blackwell, vol. 28(5), pages 833-846, July.
    4. Dieter Bögenhold, 2013. "Social Network Analysis and the Sociology of Economics: Filling a Blind Spot with the Idea of Social Embeddedness," American Journal of Economics and Sociology, Wiley Blackwell, vol. 72(2), pages 293-318, April.
    5. Natee Srisomthavil & Nuttapol Assarut, 2018. "The Impact of Perceived Counterfeit Luxury Brand Proliferation on Luxury Brand Values and Patronage Intention," Tržište/Market, Faculty of Economics and Business, University of Zagreb, vol. 30(1), pages 41-60.
    6. Reed, Phil, 1999. "Effect of perceived cost on judgments regarding the efficacy of investment," Journal of Economic Psychology, Elsevier, vol. 20(6), pages 657-676, December.
    7. Heewon Chae & Jaeyong Song & Donald Lange, 2021. "Basking in reflected glory: Reverse status transfer from foreign to home markets," Strategic Management Journal, Wiley Blackwell, vol. 42(4), pages 802-832, April.
    8. Keane, Matthew & Eastman, Jacqueline K. & Iyer, Rajesh, 2020. "Predicting adventure seeking of young adults: The role of risk, innovativeness and status consumption," Sport Management Review, Elsevier, vol. 23(5), pages 952-963.
    9. Sarah Smart, 2012. "Feeling Uncomfortable: Young People's Emotional Responses to Neo-Liberal Explanations for Economic Inequality," Sociological Research Online, , vol. 17(3), pages 183-194, August.
    10. Fragkandreas, Thanos & Larsen, Karin, 2009. "Social Capital and Economic Performance: some lessons from Farm Partnerships in Sweden," MPRA Paper 17916, University Library of Munich, Germany.
    11. Lehtonen, Markku, 2004. "The environmental-social interface of sustainable development: capabilities, social capital, institutions," Ecological Economics, Elsevier, vol. 49(2), pages 199-214, June.
    12. Janssen, Catherine & Vanhamme, Joëlle & Leblanc, Sina, 2017. "Should luxury brands say it out loud? Brand conspicuousness and consumer perceptions of responsible luxury," Journal of Business Research, Elsevier, vol. 77(C), pages 167-174.
    13. Aysel Kurnaz, 2017. "Examination of the Relationship between Luxury Value Perception and Shopping Motivations: Turkey Sample," International Journal of Marketing Studies, Canadian Center of Science and Education, vol. 9(5), pages 108-124, October.
    14. Godey, Bruno & Pederzoli, Daniele & Aiello, Gaetano & Donvito, Raffaele & Chan, Priscilla & Oh, Hyunjoo & Singh, Rahul & Skorobogatykh, Irina I. & Tsuchiya, Junji & Weitz, Bart, 2012. "Brand and country-of-origin effect on consumers' decision to purchase luxury products," Journal of Business Research, Elsevier, vol. 65(10), pages 1461-1470.
    15. Paudel, Krishna P. & Zapata, Hector O. & Schafer, Mark J. & Marzoughi, Hassan, 2005. "Does Social Capital Have a Role in Environmental Kuznets Curve? Spatial Panel Regression Approach," 2005 Annual meeting, July 24-27, Providence, RI 19457, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    16. Martin P. Fritze & Andreas B. Eisingerich & Martin Benkenstein, 2019. "Digital transformation and possession attachment: examining the endowment effect for consumers’ relationships with hedonic and utilitarian digital service technologies," Electronic Commerce Research, Springer, vol. 19(2), pages 311-337, June.
    17. Sri Ranjith & Anil Rupasingha, 2012. "Social and Cultural Determinants of Child Poverty in the United States," Journal of Economic Issues, Taylor & Francis Journals, vol. 46(1), pages 119-142.
    18. Stępień Beata, 2018. "Snobbish Bandwagoners: Ambiguity of Luxury Goods’ Perception," Journal of Management and Business Administration. Central Europe, Sciendo, vol. 26(1), pages 79-99, March.
    19. Toraubally, Waseem A., 2022. "Strategic trading and Ricardian comparative advantage," Journal of Economic Behavior & Organization, Elsevier, vol. 195(C), pages 428-447.
    20. Akawut Jansom & Siwarit Pongsakornrungsilp, 2021. "How Instagram Influencers Affect the Value Perception of Thai Millennial Followers and Purchasing Intention of Luxury Fashion for Sustainable Marketing," Sustainability, MDPI, vol. 13(15), pages 1-19, July.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:rdevec:v:26:y:2022:i:3:p:1393-1410. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=1363-6669 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.