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The Grip of History and the Scope for Novelty: Some Results and Open Questions on Path Dependence in Economic Processes

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  • Carolina Castaldi
  • Giovanni Dosi

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Bibliographic Info

Paper provided by Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy in its series LEM Papers Series with number 2003/02.

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Date of creation: 04 Dec 2003
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Handle: RePEc:ssa:lemwps:2003/02

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Keywords: Path dependence; irreversibility; increasing returns; learning; lock-in.;

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References

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  1. Benhabib, Jess & Farmer, Roger E.A., 1999. "Indeterminacy and sunspots in macroeconomics," Handbook of Macroeconomics, in: J. B. Taylor & M. Woodford (ed.), Handbook of Macroeconomics, edition 1, volume 1, chapter 6, pages 387-448 Elsevier.
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  8. Jorgen W. Weibull, 1997. "Evolutionary Game Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262731215, December.
  9. Dosi, Giovanni, 1988. "Sources, Procedures, and Microeconomic Effects of Innovation," Journal of Economic Literature, American Economic Association, vol. 26(3), pages 1120-71, September.
  10. Winter, S. G. & Kaniovski, Y. M. & Dosi, G., 2000. "Modeling industrial dynamics with innovative entrants," Structural Change and Economic Dynamics, Elsevier, vol. 11(3), pages 255-293, September.
  11. Giovanni Dosi & Luigi Orsenigo & Mauro Sylos Labini, 2002. "Technology and the Economy," LEM Papers Series 2002/18, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
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  21. Sydney Winter & Giovanni Dosi, 2000. "Interpreting Economic Change: Evolution, Structures and Games," LEM Papers Series 2000/08, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
  22. Nelson, Richard R. & Sampat, Bhaven N., 2001. "Making sense of institutions as a factor shaping economic performance," Journal of Economic Behavior & Organization, Elsevier, vol. 44(1), pages 31-54, January.
  23. Abramovitz, Moses, 1986. "Catching Up, Forging Ahead, and Falling Behind," The Journal of Economic History, Cambridge University Press, vol. 46(02), pages 385-406, June.
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  34. Dosi, G & Kaniovski, Y, 1994. "On "Badly Behaved" Dynamics: Some Applications of Generalized Urn Schemes to Technological and Economic Change," Journal of Evolutionary Economics, Springer, vol. 4(2), pages 93-123, June.
  35. Andrea Bassanini & Giovanni Dosi, 1999. "When and How Chance and Human Will Can Twist the Arms of Clio," LEM Papers Series 1999/05, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
  36. Dosi, Giovanni, 1995. "Hierarchies, Markets and Power: Some Foundational Issues on the Nature of Contemporary Economic Organizations," Industrial and Corporate Change, Oxford University Press, vol. 4(1), pages 1-19.
  37. David, Paul A., 1994. "Why are institutions the 'carriers of history'?: Path dependence and the evolution of conventions, organizations and institutions," Structural Change and Economic Dynamics, Elsevier, vol. 5(2), pages 205-220, December.
  38. Andrea Bassanini & Giovanni Dosi, 1999. "Competing Technologies, Technological Monopolies and the Role of Convergence to a Stable Market Structure," LEM Papers Series 1999/03, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
  39. Kuran, Timur, 1987. "Preference Falsification, Policy Continuity and Collective Conservatism," Economic Journal, Royal Economic Society, vol. 97(387), pages 642-65, September.
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  42. G. Dosi & G. Fagiolo, 1997. "Exploring the Unknown on Entrepreneurship, Coordination and Innovation Driven Growth," Working Papers ir97077, International Institute for Applied Systems Analysis.
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Citations

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Cited by:
  1. Michael Frömmel & Robinson Kruse, 2009. "Interest rate convergence in the EMS prior to European Monetary Union," CREATES Research Papers 2009-23, School of Economics and Management, University of Aarhus.
  2. Bruno, Randolph Luca, 2010. "Labor Market and Globalization: A Comparison of the Latin American and the East Asian Experiences in the 1980s and 1990s," IZA Policy Papers 16, Institute for the Study of Labor (IZA).
  3. Martin Henning & Erik Stam & Rik Wenting, 2012. "Path dependence research in regional economic development: Cacophony or knowledge accumulation?," Papers in Evolutionary Economic Geography (PEEG) 1219, Utrecht University, Section of Economic Geography, revised Oct 2012.
  4. Oliveira, Francisco H.P. & Jayme, Frederico Jr. & Lemos, Mauro B., 2006. "Increasing returns to scale and international diffusion of technology: An empirical study for Brazil (1976-2000)," World Development, Elsevier, vol. 34(1), pages 75-88, January.
  5. Davide Consoli & Ronnie Ramlogan, 2008. "Out of sight: problem sequences and epistemic boundaries of medical know-how on glaucoma," Journal of Evolutionary Economics, Springer, vol. 18(1), pages 31-56, February.
  6. Carolina Castaldi & Alessandro Nuvolari, 2004. "Technological Revolutions and Economic Growth: The “Age of Steam” Reconsidered," LEM Papers Series 2004/11, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
  7. Castaldi, C. & Nuvolari, A., 2003. "Technological Revolutions and Economic Growth:The �Age of Steam� Reconsidered," Eindhoven Center for Innovation Studies (ECIS) working paper series 03.25, Eindhoven Center for Innovation Studies (ECIS).
  8. Castaldi, C. & Nuvolari, A., 2003. "Technological Revolutions and Economic Growth:The �Age of Steam� Reconsidered," Working Papers 03.25, Eindhoven Center for Innovation Studies.

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