IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-37587-1_9.html
   My bibliography  Save this book chapter

Conclusion

In: Rapid Growth and Relative Decline

Author

Listed:
  • Mark Setterfield

    (Trinity College)

Abstract

This book has arisen from a discontent with the traditional equilibrium approach to economic modelling, especially as applied to the dynamics of long-run growth and development in capitalist economies. The alternative methodology that has been adopted — based on the importance of path dependency and, in particular, the concept of hysteresis — represents a major departure from traditional equilibrium analysis, especially in so far as it calls into question the very usefulness of equilibrium as an organizing concept when studying the evolution of an economic system.

Suggested Citation

  • Mark Setterfield, 1997. "Conclusion," Palgrave Macmillan Books, in: Rapid Growth and Relative Decline, pages 162-167, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-37587-1_9
    DOI: 10.1057/9780230375871_9
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:pal:palchp:978-0-230-37587-1_9. 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: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    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.