IDEAS home Printed from https://ideas.repec.org/a/ekm/repojs/v31y2011i4p638-658id425.html
   My bibliography  Save this article

Harrod under analysis: path-dependence, historic time and endogenous structural change

Author

Listed:
  • Ricardo Ramalhete Moreira

Abstract

The article aims to demonstrate how the Harrod’s approach (1937, 1938, 1948) can offer theoretical elements to form a complex, historicists and non-determinist view of the economic system. The relaxation of the constant warranty rate hypothesis make possible the system suffers endogenous qualitative change. It results in the notion of path-dependence and historic time. By the endogenization of the expectations and the existence of turn-points mechanisms, this approach allows a synthesis between non-convergency and economic regulation. JEL Classification: B1; E3; O4.

Suggested Citation

  • Ricardo Ramalhete Moreira, 2011. "Harrod under analysis: path-dependence, historic time and endogenous structural change," Brazilian Journal of Political Economy, Center of Political Economy, vol. 31(4), pages 638-658.
    • Handle: RePEc:ekm:repojs:v:31:y:2011:i:4:p:638-658:id:425
    as

    Download full text from publisher

    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/425/416
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Harrod; instability; regulation; path-dependence;
    All these keywords.

    JEL classification:

    • B1 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925
    • E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

    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:ekm:repojs:v:31:y:2011:i:4:p:638-658:id:425. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Brazilian Journal of Political Economy (Brazil) (email available below). General contact details of provider: https://centrodeeconomiapolitica.org/repojs/index.php/journal/ .

    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.