A critical realist interpretation of evolutionary growth theorising
AbstractThe article discusses a critical realist interpretation of evolutionary growth theorising by focusing on some of its basic characteristics. The evolutionary ontology is complex, differentiated, structured, systemic, open, ever-changing, and radically uncertain. Its methodology tends to be increasingly based on appreciative theorising, retroductive explanations and interdisciplinary analysis. After discussing these features, the article suggests that critical realism may indeed constitute an important philosophical and methodological foundation for the future development of evolutionary theories of economic growth.
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 InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 27603.
Date of creation: 2005
Date of revision:
Critical realism; evolutionary economics; innovation; economic growth;
Other versions of this item:
- Fulvio Castellacci, 2006. "A critical realist interpretation of evolutionary growth theorising," Cambridge Journal of Economics, Oxford University Press, vol. 30(6), pages 861-880, November.
- B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Institutional; Evolutionary
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
- B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
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.:
- Freeman, Chris & Louca, Francisco, 2001. "As Time Goes By: From the Industrial Revolutions to the Information Revolution," OUP Catalogue, Oxford University Press, number 9780199241071.
- G. Silverberg & B. Verspagen, 1995. "Evolutionary Theorizing on Economic Growth," Working Papers wp95078, International Institute for Applied Systems Analysis.
- Richard R. Nelson & Sidney G. Winter, 2002. "Evolutionary Theorizing in Economics," Journal of Economic Perspectives, American Economic Association, vol. 16(2), pages 23-46, Spring.
- Frederic S. Lee, 2002. "Theory creation and the methodological foundation of Post Keynesian economics," Cambridge Journal of Economics, Oxford University Press, vol. 26(6), pages 789-804, November.
- Malerba, Franco, 2002. "Sectoral systems of innovation and production," Research Policy, Elsevier, vol. 31(2), pages 247-264, February.
- Lawson, Tony, 1989. "Abstraction, Tendencies and Stylised Facts: A Realist Approach to Economic Analysis," Cambridge Journal of Economics, Oxford University Press, vol. 13(1), pages 59-78, March.
- Fagerberg, Jan, 1987. "A technology gap approach to why growth rates differ," Research Policy, Elsevier, vol. 16(2-4), pages 87-99, August.
- Peter, Fabienne, 2001. "Rhetoric vs Realism in Economic Methodology: A Critical Assessment of Recent Contributions," Cambridge Journal of Economics, Oxford University Press, vol. 25(5), pages 571-89, September.
- Malerba, Franco, et al, 1999. "'History-Friendly' Models of Industry Evolution: The Computer Industry," Industrial and Corporate Change, Oxford University Press, vol. 8(1), pages 3-40, March.
- Peter Nielsen, 2002. "Reflections on critical realism in political economy," Cambridge Journal of Economics, Oxford University Press, vol. 26(6), pages 727-738, November.
- Verspagen, Bart, 1991. "A new empirical approach to catching up or falling behind," Open Access publications from Maastricht University urn:nbn:nl:ui:27-18004, Maastricht University.
- Stephen Pratten, 2005. "Economics as progress: the LSE approach to econometric modelling and critical realism as programmes for research," Cambridge Journal of Economics, Oxford University Press, vol. 29(2), pages 179-205, March.
- Northover, Patricia, 1999. "Evolutionary Growth Theory and Forms of Realism," Cambridge Journal of Economics, Oxford University Press, vol. 23(1), pages 33-63, January.
- Geoffrey M. Hodgson, 1998. "The Approach of Institutional Economics," Journal of Economic Literature, American Economic Association, vol. 36(1), pages 166-192, March.
- Dopfer, Kurt & Potts, Jason, 2010. "Why evolutionary realism underpins evolutionary economic analysis and theory: A reply to Runde's critique," Journal of Institutional Economics, Cambridge University Press, vol. 6(03), pages 401-413, September.
- Ron Martin & Peter Sunley, 2007.
"Complexity Thinking and Evolutionary Economic Geography,"
Papers in Evolutionary Economic Geography (PEEG)
0703, Utrecht University, Section of Economic Geography, revised Apr 2007.
- Ron Martin & Peter Sunley, 2007. "Complexity thinking and evolutionary economic geography," Journal of Economic Geography, Oxford University Press, vol. 7(5), pages 573-601, September.
- Chang-Yang Lee, 2012. "Learning-by-doing in R&D, knowledge threshold, and technological divide," Journal of Evolutionary Economics, Springer, vol. 22(1), pages 109-132, January.
- Fulvio Castellacci, 2007. "Technological regimes and sectoral differences in productivity growth ," Industrial and Corporate Change, Oxford University Press, vol. 16(6), pages 1105-1145, December.
- He, Zheng & Rayman-Bacchus, Lez & Wu, Yiming, 2011. "Self-organization of industrial clustering in a transition economy: A proposed framework and case study evidence from China," Research Policy, Elsevier, vol. 40(9), pages 1280-1294.
- Castellacci, Fulvio, 2007. "Technological regimes and sectoral differences in productivity growth," MPRA Paper 27598, University Library of Munich, Germany.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).
If references are entirely missing, you can add them using this form.