IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/48157.html
   My bibliography  Save this paper

A Schumpeterian theory of underdevelopment – a contradiction in terms?

Author

Listed:
  • Reinert, Erik S.

Abstract

The aim of this paper is to show that the dynamics of Schumpeterian economics, in addition to explain the creation of wealth, also implicitly contain the elements of a theory of relative poverty. It is argued that the German tradition of economics, of which Schumpeter is a part, has always encompassed the necessary elements of a theory of uneven growth. List, Marx, and Schumpeter have all emphasized different aspects of this uneven growth. This contrasts sharply with the Anglo-Saxon tradition which, particularly since the 1890’s, has produced theories of growth and trade which imply an even, converging distribution of world activity and income.

Suggested Citation

  • Reinert, Erik S., 1994. "A Schumpeterian theory of underdevelopment – a contradiction in terms?," MPRA Paper 48157, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:48157
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/48157/1/MPRA_paper_48157.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Reinert, Erik S., 1995. "Competitiveness and its predecessors--a 500-year cross-national perspective," Structural Change and Economic Dynamics, Elsevier, vol. 6(1), pages 23-42, March.
    2. Krugman, Paul R., 1979. "Increasing returns, monopolistic competition, and international trade," Journal of International Economics, Elsevier, vol. 9(4), pages 469-479, November.
    3. Avinash Dixit, 1993. "In Honor of Paul Krugman: Winner of the John Bates Clark Medal," Journal of Economic Perspectives, American Economic Association, vol. 7(2), pages 173-188, Spring.
    4. Paul M. Romer, 1994. "The Origins of Endogenous Growth," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 3-22, Winter.
    5. Krugman, Paul, 1981. "Trade, accumulation, and uneven development," Journal of Development Economics, Elsevier, vol. 8(2), pages 149-161, April.
    6. Rosenberg,Nathan, 1994. "Exploring the Black Box," Cambridge Books, Cambridge University Press, number 9780521459556.
    7. Verspagen, Bart, 1992. "Endogenous innovation in neoclassical growth models: A survey," Journal of Macroeconomics, Elsevier, vol. 14(4), pages 631-662.
    8. Ure, Andrew, 1835. "The Philosophy of Manufactures, or an Exposition of the Scientific, Moral and Commercial Economy of the Factory System of Great Britain," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number ure1835.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ioanna Boulouta & Christos Pitelis, 2014. "Who Needs CSR? The Impact of Corporate Social Responsibility on National Competitiveness," Journal of Business Ethics, Springer, vol. 119(3), pages 349-364, February.
    2. Igor Pilipenko, 2005. "Clusters and Territorial-Industrial Complexes - Similar Approaches or Different Concepts? - first Evidence from Analysis of Development of Russian Regions," ERSA conference papers ersa05p70, European Regional Science Association.
    3. Diego Sánchez-Ancochea, 2005. "Capitalismo, desarrollo y Estado. Una revisión crítica de la teoría del Estado de Schumpeter," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 7(13), pages 81-100, July-Dece.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Richard E. Baldwin & Philippe Martin & Gianmarco I. P. Ottaviano, 2021. "Global Income Divergence, Trade, and Industrialization: The Geography of Growth Take-Offs," World Scientific Book Chapters, in: Firms and Workers in a Globalized World Larger Markets, Tougher Competition, chapter 2, pages 25-57, World Scientific Publishing Co. Pte. Ltd..
    2. Barbier Edward B & Rauscher Michael, 2007. "Trade and Development in a Labor Surplus Economy," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 7(1), pages 1-36, August.
    3. repec:ebl:ecbull:v:2:y:2002:i:1:p:1-15 is not listed on IDEAS
    4. Erik S. Reinert & Vemund Riiser, "undated". "Recent trends in economic theory - implications for development geography," STEP Report series 199412, The STEP Group, Studies in technology, innovation and economic policy.
    5. Ben Fine, 1998. "Endogenous Growth Theory: A Critical Assessment," Working Papers 80, Department of Economics, SOAS University of London, UK.
    6. Cristiano Antonelli, 2011. "The Economic Complexity of Technological Change: Knowledge Interaction and Path Dependence," Chapters, in: Cristiano Antonelli (ed.), Handbook on the Economic Complexity of Technological Change, chapter 1, Edward Elgar Publishing.
    7. Amnon Frenkel, 2001. "Barriers and Limitations in the Development of Industrial Innovation in the Region," ERSA conference papers ersa01p38, European Regional Science Association.
    8. Chrysostomos Mantzavinos & Douglass C. North & Syed Shariq, 2015. "Aprendizaje, instituciones y desempeno económico," Revista Economía y Región, Universidad Tecnológica de Bolívar, vol. 9(1), pages 11-34, June.
    9. Aykut Kibritçioglu, 2002. "On the Smithian origins of "new" trade and growth theories," Economics Bulletin, AccessEcon, vol. 2(1), pages 1-15.
    10. Erik S. Reinert, "undated". "Hvorfor er økonomisk vekst geografisk ujevnt fordelt?," STEP Report series 199419, The STEP Group, Studies in technology, innovation and economic policy.
    11. Vivarelli, Marco, 2018. "Globalisation, structural change and innovation in emerging economies: The impact on employment and skills," MERIT Working Papers 2018-037, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    12. Paolo Giordani & Luca Zamparelli, 2011. "On robust asymmetric equilibria in asymmetric R&D-driven growth economies," Decisions in Economics and Finance, Springer;Associazione per la Matematica, vol. 34(1), pages 67-84, May.
    13. Jamee K. Moudud, 2010. "Strategic Competition, Dynamics, and the Role of the State," Books, Edward Elgar Publishing, number 4241.
    14. José García-Quevedo & Gabriele Pellegrino & Marco Vivarelli, 2011. "The determinants of YICs’ R&D activity," Working Papers 2011/31, Institut d'Economia de Barcelona (IEB).
    15. Mulatu, Abay, 2016. "On the concept of 'competitiveness' and its usefulness for policy," Structural Change and Economic Dynamics, Elsevier, vol. 36(C), pages 50-62.
    16. Vivarelli, Marco, 2014. "Structural Change and Innovation as Exit Strategies from the Middle Income Trap," IZA Discussion Papers 8148, Institute of Labor Economics (IZA).
    17. Mario COCCIA, 2018. "Evolution of the economics of science in the Twenty Century," Journal of Economics Library, KSP Journals, vol. 5(1), pages 65-84, March.
    18. Steven Pinch & Nick Henry, 1999. "Paul Krugman's Geographical Economics, Industrial Clustering and the British Motor Sport Industry," Regional Studies, Taylor & Francis Journals, vol. 33(9), pages 815-827.
    19. García-Quevedo, José & Pellegrino, Gabriele & Vivarelli, Marco, 2011. "R&D Drivers in Young Innovative Companies," IZA Discussion Papers 6136, Institute of Labor Economics (IZA).
    20. Dosi, Giovanni & Nelson, Richard R., 2010. "Technical Change and Industrial Dynamics as Evolutionary Processes," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 51-127, Elsevier.
    21. Cristiano, Antonelli, 2010. "The economic complexity of technology and innovation. A review article of The nature of technology. What it is and how it evolves, by Arthur, W.B. Free Press, New York, pp.1-247"," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201003, University of Turin.

    More about this item

    Keywords

    Economic development; growth theory; Schumpeter; uneven development;
    All these keywords.

    JEL classification:

    • B0 - Schools of Economic Thought and Methodology - - General
    • N1 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations
    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

    Statistics

    Access and download statistics

    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:pra:mprapa:48157. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    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.