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Evolutionary macroeconomics: a research agenda

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  • John Foster

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  • John Foster, 2011. "Evolutionary macroeconomics: a research agenda," Journal of Evolutionary Economics, Springer, vol. 21(1), pages 5-28, February.
  • Handle: RePEc:spr:joevec:v:21:y:2011:i:1:p:5-28
    DOI: 10.1007/s00191-010-0187-z
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    1. Durlauf, Steven N. & Johnson, Paul A. & Temple, Jonathan R.W., 2005. "Growth Econometrics," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.),Handbook of Economic Growth, edition 1, volume 1, chapter 8, pages 555-677, Elsevier.
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    4. Ayres, Robert U. & Warr, Benjamin, 2005. "Accounting for growth: the role of physical work," Structural Change and Economic Dynamics, Elsevier, vol. 16(2), pages 181-209, June.
    5. Francois, P. & Lloyd-Ellis, H., 2001. "Animal Spirits Meets Creative Destruction," Other publications TiSEM d583b352-a7f4-434f-8731-9, Tilburg University, School of Economics and Management.
    6. Kurt Dopfer & John Foster & Jason Potts, 2004. "Micro-meso-macro," Journal of Evolutionary Economics, Springer, vol. 14(3), pages 263-279, July.
    7. Ulrich Witt & Thomas Brenner, 2008. "Output dynamics, flow equilibria and structural change—A prolegomenon to evolutionary macroeconomics," Journal of Evolutionary Economics, Springer, vol. 18(2), pages 249-260, April.
    8. John Foster, 2000. "Competitive selection, self-organisation and Joseph A. Schumpeter," Journal of Evolutionary Economics, Springer, vol. 10(3), pages 311-328.
    9. StevenN. Durlauf & Andros Kourtellos & ChihMing Tan, 2008. "Are Any Growth Theories Robust?," Economic Journal, Royal Economic Society, vol. 118(527), pages 329-346, March.
    10. Uwe Cantner & Jean-Luc Gaffard & Lionel Nesta, 2008. "Schumpeterian perspectives on innovation, competition and growth," Journal of Evolutionary Economics, Springer, vol. 18(3), pages 291-293, August.
    11. John Foster & Jason Potts, 2009. "A micro-meso-macro perspective on the methodology of evolutionary economics: Integrating history, simulation and econometrics," Springer Books, in: Uwe Cantner & Jean-Luc Gaffard & Lionel Nesta (ed.), Schumpeterian Perspectives on Innovation, Competition and Growth, pages 53-68, Springer.
    12. J. Stan Metcalfe & John Foster & Ronnie Ramlogan, 2006. "Adaptive economic growth," Cambridge Journal of Economics, Oxford University Press, vol. 30(1), pages 7-32, January.
    13. Pasinetti,Luigi, 1993. "Structural Economic Dynamics," Cambridge Books, Cambridge University Press, number 9780521432825.
    14. Ayres, Robert U. & Turton, Hal & Casten, Tom, 2007. "Energy efficiency, sustainability and economic growth," Energy, Elsevier, vol. 32(5), pages 634-648.
    15. Dani Rodrik & Arvind Subramanian & Francesco Trebbi, 2004. "Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development," Journal of Economic Growth, Springer, vol. 9(2), pages 131-165, June.
    16. Claudia Werker & Thomas Brenner, 2004. "Empirical Calibration of Simulation Models," Papers on Economics and Evolution 2004-10, Philipps University Marburg, Department of Geography.
    17. Franco Malerba & Richard Nelson & Luigi Orsenigo & Sidney G. Winter, 2001. "History-Friendly Models: an Overview of the Case of the Computer Industry," Journal of Artificial Societies and Social Simulation, Journal of Artificial Societies and Social Simulation, vol. 4(3), pages 1-6.
    18. Alain Alcouffe & Thomas Kuhn, 2004. "Schumpeterian endogenous growth theory and evolutionary economics," Journal of Evolutionary Economics, Springer, vol. 14(2), pages 223-236, June.
    19. Pier Paolo Saviotti & Andreas Pyka, 2009. "Product variety, competition and economic growth," Springer Books, in: Uwe Cantner & Jean-Luc Gaffard & Lionel Nesta (ed.), Schumpeterian Perspectives on Innovation, Competition and Growth, pages 71-95, Springer.
    20. Uwe Cantner & Jean-Luc Gaffard & Lionel Nesta (ed.), 2009. "Schumpeterian Perspectives on Innovation, Competition and Growth," Springer Books, Springer, number 978-3-540-93777-7, November.
    21. Mokyr, Joel, 2005. "Long-Term Economic Growth and the History of Technology," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 17, pages 1113-1180, Elsevier.
    22. Philippe Aghion, 2005. "Growth and Institutions," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 32(1), pages 3-18, March.
    23. Dopfer,Kurt (ed.), 2005. "The Evolutionary Foundations of Economics," Cambridge Books, Cambridge University Press, number 9780521621991.
    24. Philippe Aghion & Steven Durlauf (ed.), 2005. "Handbook of Economic Growth," Handbook of Economic Growth, Elsevier, edition 1, volume 1, number 1.
    25. Landes,David S., 2003. "The Unbound Prometheus," Cambridge Books, Cambridge University Press, number 9780521826662.
    26. Landes,David S., 2003. "The Unbound Prometheus," Cambridge Books, Cambridge University Press, number 9780521534024.
    27. Nelson, Richard R & Winter, Sidney G, 1974. "Neoclassical vs. Evolutionary Theories of Economic Growth: Critique and Prospectus," Economic Journal, Royal Economic Society, vol. 84(336), pages 886-905, December.
    28. Giovanni Dosi & Giorgio Fagiolo & Andrea Roventini, 2006. "An Evolutionary Model of Endogenous Business Cycles," Computational Economics, Springer;Society for Computational Economics, vol. 27(1), pages 3-34, February.
    29. John Foster & Phillip Wild, 1999. "Detecting self-organisational change in economic processes exhibiting logistic growth," Journal of Evolutionary Economics, Springer, vol. 9(1), pages 109-133.
    30. Iyigun, Murat, 2006. "Clusters of invention, life cycle of technologies and endogenous growth," Journal of Economic Dynamics and Control, Elsevier, vol. 30(4), pages 687-719, April.
    31. G. Silverberg & B. Verspagen, 1995. "Evolutionary Theorizing on Economic Growth," Working Papers wp95078, International Institute for Applied Systems Analysis.
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    Citations

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    Cited by:

    1. John Foster, 2016. "The Australian growth miracle: an evolutionary macroeconomic explanation," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 40(3), pages 871-894.
    2. Agnieszka Lipieta & Elżbieta Pliś, 2022. "Diversity and mechanisms of economic evolution," Journal of Evolutionary Economics, Springer, vol. 32(4), pages 1265-1286, September.
    3. Sheila Dow, 2020. "Alfred Marshall, Evolutionary Economics and Climate Change: Raffaelli Lecture," Department Discussion Papers 2001, Department of Economics, University of Victoria.
    4. Victor Court, 2018. "Energy Capture, Technological Change, and Economic Growth: An Evolutionary Perspective," Biophysical Economics and Resource Quality, Springer, vol. 3(3), pages 1-27, September.
    5. Sheila Dow, 2020. "Gender and the future of macroeconomics: an evolutionary approach," Review of Evolutionary Political Economy, Springer, vol. 1(1), pages 55-66, May.
    6. Agnieszka Lipieta & Andrzej Malawski, 2016. "Price versus quality competition: in search for Schumpeterian evolution mechanisms," Journal of Evolutionary Economics, Springer, vol. 26(5), pages 1137-1171, December.
    7. John Foster, 2015. "Energy, Knowledge and Economic Growth," Economic Complexity and Evolution, in: Andreas Pyka & John Foster (ed.), The Evolution of Economic and Innovation Systems, edition 127, pages 9-39, Springer.
    8. Rinaldo Evangelista, 2018. "Technology and Economic Development: The Schumpeterian Legacy," Review of Radical Political Economics, Union for Radical Political Economics, vol. 50(1), pages 136-153, March.
    9. Callegari, Beniamino & Nybakk, Erlend, 2022. "Schumpeterian theory and research on forestry innovation and entrepreneurship: The state of the art, issues and an agenda," Forest Policy and Economics, Elsevier, vol. 138(C).
    10. Agnieszka Lipieta & Andrzej Malawski, 2021. "Eco-mechanisms within economic evolution: Schumpeterian approach," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 10(1), pages 1-31, December.
    11. Agnieszka Lipieta & Ilona Ćwięczek, 2022. "Mechanisms leading to equilibrium in economy with financial market," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(4), pages 4166-4182, October.
    12. Stefanović Zoran, 2014. "Evolution Of “Rules Of The Game”, Macroeconomic Dynamics And Reform Policy," Economic Themes, Sciendo, vol. 52(4), pages 480-497, December.
    13. Anna Denkowska & Agnieszka Lipieta, 2022. "Optimal Demand-Driven Eco-Mechanisms Leading to Equilibrium in Competitive Economy," Central European Journal of Economic Modelling and Econometrics, Central European Journal of Economic Modelling and Econometrics, vol. 14(3), pages 225-262, September.
    14. Brendan Markey-Towler, 2016. "Law of the jungle: firm survival and price dynamics in evolutionary markets," Journal of Evolutionary Economics, Springer, vol. 26(3), pages 655-696, July.
    15. Frolov, Daniil, 2019. "Present and future of evolutionary economics: post-institutionalist’s opinion," MPRA Paper 97659, University Library of Munich, Germany.
    16. Rengs, Bernhard & Scholz-Waeckerle, Manuel, 2017. "Consumption & Class in Evolutionary Macroeconomics," MPRA Paper 80021, University Library of Munich, Germany.
    17. Bernhard Rengs & Manuel Scholz-Wäckerle, 2019. "Consumption & class in evolutionary macroeconomics," Journal of Evolutionary Economics, Springer, vol. 29(1), pages 229-263, March.
    18. George Liagouras, 2017. "The challenge of Evo-Devo: implications for evolutionary economists," Journal of Evolutionary Economics, Springer, vol. 27(4), pages 795-823, September.
    19. Chris Girard, 2020. "Globalization and the erosion of geo-ethnic checkpoints: evolving signal-boundary systems at the edge of chaos," Evolutionary and Institutional Economics Review, Springer, vol. 17(1), pages 93-109, January.
    20. Heike Schroeder, 2011. "Application possibilities of the micro-meso-macro framework in economic geography," Papers in Evolutionary Economic Geography (PEEG) 1115, Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography, revised Aug 2011.

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    More about this item

    Keywords

    Complex system; Dissipative structure; Economic evolution; Economic growth; Energy; Knowledge; Macroeconomics; Micro-meso-macro; Economic methodology; Agent-based modelling; B22; B25; B41; B52; C51; C52; C63; E02; E11; Q43;
    All these keywords.

    JEL classification:

    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Kaleckian
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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