IDEAS home Printed from https://ideas.repec.org/
MyIDEAS: Log in (now much improved!) to save this paper

Recent trends in economic theory - implications for development geography

In economic theory there are three main developments which we find are of potential importance to development geography: First of all, the mainstream neo-classical paradigm is being challenged from a growing school under the heading of 'Evolutionary' or 'Schumpeterian' economics, with roots in the German Historical School. This group is gaining prominence within the OECD and the EU. Secondly, from inside the neo-classical school, a 'new growth theory' is evolving. It is not clear whether this new theory will reform the neo-classical paradigm from within, or whether it indirectly attacks the very foundations of the neo-classical system in such a way that in the long run it may bring down the whole neo-classical framework. The third development, perhaps the one with the most immediate implications for development geography, is the change which has taken place in international trade theory over the last 10-12 years. Before treating these three developments in separate chapters, we shall look at the background and timing of the changes presently taking place in economic theory.

If 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.

File URL: http://www.step.no/reports/Y1994/1294.pdf
Download Restriction: no

Paper provided by The STEP Group, Studies in technology, innovation and economic policy in its series STEP Report series with number 199412.

as
in new window

Length:
Date of creation:
Handle: RePEc:stp:stepre:1994r12
Contact details of provider: Postal:
Hammersborg torg 3, 0179 Oslo, Norway

Phone: +4722868010
Fax: +4722868049
Web page: http://www.nifu.no/
Email:


More information through EDIRC

Order Information: Web: http://www.nifu.no/

References listed on IDEAS
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.:

as
in new window


  1. Niman, Neil B., 1991. "Biological Analogies in Marshall's Work," Journal of the History of Economic Thought, Cambridge University Press, vol. 13(01), pages 19-36, June.
  2. 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.
  3. Wagner, Alfred, 1891. "Marshall's Principles of Economics," History of Economic Thought Articles, McMaster University Archive for the History of Economic Thought, vol. 5, pages 319-338.
  4. 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.
Full references (including those not matched with items on IDEAS)

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:stp:stepre:1994r12. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Nils Henrik Solum)

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 references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.