Is post-Marshallian economics an evolutionary research tradition?
AbstractFrom the late 1940s to the early 1970s Andrews, Downie, Penrose and Richardson contributed to reassessments of Marshall's explanation of industrial organization. Each author emphasizes a particular aspect of industrial organization — internal and external organization, innovation, and cross-entry — and each elaborates Marshall's much discussed notion of evolutionary principles. Marshall sought coordination of developing knowledge and feared atrophy through concentration, drawing evidence from empirical studies of firms succeeding one another. The post-Marshallians undertook research in an age of larger joint stock companies, and drew conclusions, varying from optimistic to pessimistic, concerning the role of competition in shaping economic development.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal The European Journal of the History of Economic Thought.
Volume (Year): 7 (2000)
Issue (Month): 3 ()
Contact details of provider:
Web page: http://www.tandfonline.com/REJH20
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Hodgson, Geoffrey M, 1998. "On the Evolution of Thorstein Veblen's Evolutionary Economics," Cambridge Journal of Economics, Oxford University Press, Oxford University Press, vol. 22(4), pages 415-31, July.
- Brian J. Loasby, .
"The Organisation of Capabilities,"
Working Papers Series
96/6, University of Stirling, Division of Economics.
- Charles P. Blitch, 1983. "Allyn Young on Increasing Returns," Journal of Post Keynesian Economics, M.E. Sharpe, Inc., vol. 5(3), pages 359-372, April.
- Paul L. Robertson & Richard N. Langlois, 1994. "Institutions, Inertia, and Changing Industrial Leadership," Industrial Organization, EconWPA 9406005, EconWPA.
- Unknown, 1997. "Book Review," Food Policy, Elsevier, Elsevier, vol. 22(5), pages 467-468, October.
- n/a, 1997. "Book Review," The Energy Journal, International Association for Energy Economics, International Association for Energy Economics, vol. 0(Number 4), pages 143-145.
- Unknown, 1997. "Book Review," Food Policy, Elsevier, Elsevier, vol. 22(5), pages 463-465, October.
- Nicolai J. Foss, 1997. "Equilibrium vs Evolution in the Resource-Based Perspective The Conflicting Legacies of Demsetz and Penrose," DRUID Working Papers 97-10, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
- Richardson, G B, 1972. "The Organisation of Industry," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 82(327), pages 883-96, September.
- Unknown, 1997. "Book Review," Food Policy, Elsevier, Elsevier, vol. 22(5), pages 460-461, October.
- Unknown, 1997. "Book Review," Food Policy, Elsevier, Elsevier, vol. 22(5), pages 462-463, October.
- Unknown, 1997. "Book Review," Food Policy, Elsevier, Elsevier, vol. 22(5), pages 465-467, October.
- Dow, Alexander & Dow, Sheila & Hutton, Alan, 1997. "The Scottish Political Economy Tradition and Modern Economics," Scottish Journal of Political Economy, Scottish Economic Society, vol. 44(4), pages 368-83, September.
- Geoffrey M. Hodgson, 1997. "The evolutionary and non-Darwinian economics of Joseph Schumpeter," Journal of Evolutionary Economics, Springer, Springer, vol. 7(2), pages 131-145.
- Unknown, 1997. "Book Review," Food Policy, Elsevier, Elsevier, vol. 22(5), pages 459-460, October.
- Foster, John, 1993. "Economics and the Self-Organisation Approach: Alfred Marshall Revisited," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 103(419), pages 975-91, July.
- Young, Allyn A., 1928. "Increasing Returns and Economic Progress," History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, McMaster University Archive for the History of Economic Thought, vol. 38, pages 527-542.
- Loasby, Brian J, 1978. "Whatever Happened to Marshall's Theory of Value," Scottish Journal of Political Economy, Scottish Economic Society, vol. 25(1), pages 1-12, February.
- G. C. Harcourt, 1997. "Book Review," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, TÃ¼bingen, Mohr Siebeck, TÃ¼bingen, vol. 153(3), pages 590-591, September.
- Lauchlin Currie & Roger Sandilands, 1997. "Implications of an Endogenous Theory of Growth in Allyn Young's Macroeconomic Concept of Increasing Returns," History of Political Economy, Duke University Press, vol. 29(3), pages 413-443, Fall.
- John Finch & Nicola Dinnei, 2001. "Capturing Knightian Advantages of Large Business Organisations Through Group Decision-making Processes," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 8(3), pages 379-403.
- Malcolm Rutherford, 2001. "Institutional Economics: Then and Now," Journal of Economic Perspectives, American Economic Association, vol. 15(3), pages 173-194, Summer.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If references are entirely missing, you can add them using this form.