Increasing Returns Economics and Generalized Urn Theory

2012 ◽  
Author(s):  
Fernando Buendía
Keyword(s):  
Increasing Returns

Structuralism as a Pamphlet (On the Book by E. Reinert “How Rich CountriesGot Rich... And Why Poor Countries Stay Poor”. 2nd ed.)

2014 ◽  
pp. 147-153
Author(s):  
P. Orekhovsky
Keyword(s):  
Economic Theory ◽  
Economic Development ◽  
Structural Analysis ◽  
Increasing Returns ◽  
The Other ◽  
Static Theory ◽  
Poor Countries ◽  
Historical School ◽  
Socio Economic Development ◽  
The Relationship

The review outlines the connection between E. Reinert’s book and the tradition of structural analysis. The latter allows for the heterogeneity of industries and sectors of the economy, as well as for the effects of increasing and decreasing returns. Unlike the static theory of international trade inherited from the Ricardian analysis of comparative advantage, this approach helps identify the relationship between trade, production, income and population growth. Reinert rehabilitates the “other canon” of economic theory associated with the mercantilist tradition, F. Liszt and the German historical school, as well as a reconside ration of A. Marshall’s analysis of increasing returns. Empirical illustrations given in the book reveal clear parallels with the path of Russian socio-economic development in the last twenty years.

Intra-industry and inter-industry trade through the lens of comparative and absolute advantage

2016 ◽  
pp. 112-128
Author(s):  
A. Gnidchenko
Keyword(s):  
International Trade ◽  
Product Quality ◽  
Vital Role ◽  
Increasing Returns ◽  
Traditional View ◽  
Export Diversification ◽  
Industry Trade ◽  
Long Time ◽  
Absolute Advantage

The article surveys the literature that emphasizes the importance of comparative and absolute advantages for intra- and inter-industry trade. Two conclusions follow form the survey. First, unlike the traditional view, intra-industry trade is determined rather by technology than by increasing returns. Second, absolute advantages that have been ignored in international trade models for a long time play a vital role through their linkages with product quality and export diversification. We also discuss a new strand of literature that models international trade with the assumption of non-homothetic preferences.

Long Tails and Localized Increasing Returns

2008 ◽  
Author(s):  
P. J. Lamberson
Keyword(s):  
Increasing Returns ◽  
Long Tails

Getting Big Too Fast: Strategic Dynamics with Increasing Returns and Bounded Rationality

2006 ◽  
Author(s):  
John Sterman ◽  
Rebecca M. Henderson ◽  
Eric D. Beinhocker ◽  
Lee I. Newman
Keyword(s):  
Bounded Rationality ◽  
Increasing Returns

An existence theorem for the core of a productive economy with increasing returns

1982 ◽  
Vol 28 (1) ◽  
pp. 32-50 ◽  
Author(s):  
Martine Quinzii
Keyword(s):  
Existence Theorem ◽  
Increasing Returns ◽  
The Core

Comment on “Urban Concentration: The Role of Increasing Returns and Transport Costs,” by Krugman

1994 ◽  
Vol 8 (suppl 1) ◽  
pp. 270-274 ◽  
Author(s):  
J. Vernon Henderson
Keyword(s):  
Increasing Returns ◽  
Transport Costs ◽  
Urban Concentration

Aggregate fluctuations with increasing returns to specialization and scale

1996 ◽  
Vol 20 (4) ◽  
pp. 627-656 ◽  
Author(s):  
Michael B. Devereux ◽  
Allen C. Head ◽  
Beverly J. Lapham
Keyword(s):  
Increasing Returns ◽  
Aggregate Fluctuations

Chaotic price dynamics, increasing returns and the Phillips curve

1995 ◽  
Vol 27 (2) ◽  
pp. 279-291 ◽  
Author(s):  
Graciela Chichilnisky ◽  
Geoffrey Heal ◽  
Yun Lin
Keyword(s):  
Phillips Curve ◽  
Increasing Returns ◽  
Price Dynamics
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