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Chaotic Economic Dynamics

Richard M. Goodwin

Published in print:
1990
Published Online:
November 2003
ISBN:
9780198283355
eISBN:
9780191596315
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0198283350.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

This collection of short essays provides an application of chaotic dynamics to economic systems. Each chapter presents several economic models incorporating differential (or difference) equations ... More


Epilogue

Joel Mokyr

in The Lever of Riches: Technological Creativity and Economic Progress

Published in print:
1992
Published Online:
October 2011
ISBN:
9780195074772
eISBN:
9780199854981
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195074772.003.0012
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter discusses the search for the causes of technological progress. It observes that, in the past ten years, a veritable revolution has occurred in a wide variety of fields, from genetic ... More


Linking Financial Market Institutions, Corporate Finance, and Competitive Strategies

Andrea M. Herrmann

in One Political Economy, One Competitive Strategy?: Comparing Pharmaceutical Firms in Germany, Italy, and the UK

Published in print:
2008
Published Online:
January 2009
ISBN:
9780199543434
eISBN:
9780191715693
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199543434.003.0003
Subject:
Business and Management, Strategy, Political Economy

This chapter analyses how firms can compete despite comparative disadvantages of national financial-market institutions. It first studies whether pharmaceutical firms in Germany, Italy, and the UK ... More


Linking Antitrust Legislation, Standards, and Competitive Strategies

Andrea M. Herrmann

in One Political Economy, One Competitive Strategy?: Comparing Pharmaceutical Firms in Germany, Italy, and the UK

Published in print:
2008
Published Online:
January 2009
ISBN:
9780199543434
eISBN:
9780191715693
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199543434.003.0004
Subject:
Business and Management, Strategy, Political Economy

This chapter examines how firms can compete despite comparative disadvantages of national antitrust legislation. It first studies whether pharmaceutical firms in Germany, Italy, and the UK develop ... More


Linking Labour‐Market Institutions, Employee Skills, and Competitive Strategies

Andrea M. Herrmann

in One Political Economy, One Competitive Strategy?: Comparing Pharmaceutical Firms in Germany, Italy, and the UK

Published in print:
2008
Published Online:
January 2009
ISBN:
9780199543434
eISBN:
9780191715693
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199543434.003.0005
Subject:
Business and Management, Strategy, Political Economy

This chapter investigates how firms can compete despite comparative disadvantages of national labour-market institutions. It first analyses whether pharmaceutical firms in Germany, Italy, and the UK ... More


Dynamic Capability as a Source of Change

Sidney G. Winter

in The Institutions of the Market: Organizations, Social Systems, and Governance

Published in print:
2008
Published Online:
September 2008
ISBN:
9780199231423
eISBN:
9780191710865
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199231423.003.0003
Subject:
Business and Management, Political Economy

This chapter examines the concept of dynamic capability as it has developed in the strategic management field, taking primarily the ‘learned competence’ perspective and emphasizing the proactive uses ... More


Peace, Liberty, and Democracy: Realists and Liberals Contest a Legacy

Michael Doyle

in American Democracy Promotion: Impulses, Strategies, and Impacts

Published in print:
2000
Published Online:
November 2003
ISBN:
9780199240975
eISBN:
9780191598999
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199240973.003.0002
Subject:
Political Science, International Relations and Politics

Examines the liberal peace thesis from the perspective of both the liberal and realist traditions in international relations. It compares the way both schools of thought envisage the connection ... More


Electoral and Party Competition: Analytical Dimensions and Empirical Problems

Stefano Bartolini

in Political Parties: Old Concepts and New Challenges

Published in print:
2002
Published Online:
November 2003
ISBN:
9780199246748
eISBN:
9780191599385
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199246742.003.0004
Subject:
Political Science, Comparative Politics

Focuses on the concept of electoral and party competition as the key mechanism leading party elites to respond to the preferences of voters. While competition is of central importance in both ... More


The Democratic Regime (or Political Democracy), and Citizenship as Agency 1

Guillermo O'Donnell

in Democracy, Agency, and the State: Theory with Comparative Intent

Published in print:
2010
Published Online:
September 2010
ISBN:
9780199587612
eISBN:
9780191723384
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199587612.003.0002
Subject:
Political Science, Comparative Politics, Democratization

On the basis of a discussion of influential conceptions of democracy, the chapter proposes a definition of a democratic regime (or political democracy) as made by reasonably fair elections, the ... More


As Time Goes By: From the Industrial Revolutions to the Information Revolution

Chris Freeman and Francisco Louçã

Published in print:
2002
Published Online:
November 2003
ISBN:
9780199251056
eISBN:
9780191596278
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0199251053.001.0001
Subject:
Economics and Finance, Economic History

This book is about fundamental economic theory, but it maintains that economics is meaningless outside the framework of history.It therefore analyses the evolution of some leading economies since the ... More


Innovation Markets: Saving Lives and Money in the Pharmaceutical Industry

Michael A. Carrier

in Innovation for the 21st Century: Harnessing the Power of Intellectual Property and Antitrust Law

Published in print:
2009
Published Online:
May 2009
ISBN:
9780195342581
eISBN:
9780199867035
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195342581.003.0013
Subject:
Law, Intellectual Property, IT, and Media Law

This chapter begins by defining innovation markets, which are markets for research and development (R&D). It then sets forth the critiques that have been leveled against the markets. It proposes a ... More


The Claim to Economic Rationality

Włodzimierz Brus and Kazimierz Laski

in From Marx to the Market: Socialism in Search of an Economic System

Published in print:
1991
Published Online:
November 2003
ISBN:
9780198283997
eISBN:
9780191596032
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198283997.003.0001
Subject:
Economics and Finance, Economic Systems

The chapter concentrates on presenting the Marxist claim that socialism surpasses its predecessor—capitalism—in terms of economic rationality. The basis for this rationality is to be provided by ... More


Capitalism as Creative, Chaotic Evolution by Structural Change

Richard M. Goodwin

in Chaotic Economic Dynamics

Published in print:
1990
Published Online:
November 2003
ISBN:
9780198283355
eISBN:
9780191596315
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198283350.003.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

As in meteorology, prediction in economics is hampered by highly irregular, chaotic dynamics. A two‐sector model is employed to examine the complementary growth theories of Schumpeter and Keynes ... More


Growing in Short and Long Waves: Schumpeter

Richard M. Goodwin

in Chaotic Economic Dynamics

Published in print:
1990
Published Online:
November 2003
ISBN:
9780198283355
eISBN:
9780191596315
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198283350.003.0004
Subject:
Economics and Finance, Macro- and Monetary Economics

Combines long and short waves of innovation. A model is constructed in which demand effects enhance an innovation logistic: innovation is preceded by investment, which stimulates demand, in turn ... More


The Structural and Dynamical Instability of the Modern Economy

Richard M. Goodwin

in Chaotic Economic Dynamics

Published in print:
1990
Published Online:
November 2003
ISBN:
9780198283355
eISBN:
9780191596315
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198283350.003.0005
Subject:
Economics and Finance, Macro- and Monetary Economics

Addresses a weakness in Schumpeterian thought: innovation need not lead to higher output. An innovation has two opposing effects: it increases investment, thereby increasing labour demand; it also ... More


Irregular Waves of Growth from Structural Innovation

Richard M. Goodwin

in Chaotic Economic Dynamics

Published in print:
1990
Published Online:
November 2003
ISBN:
9780198283355
eISBN:
9780191596315
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198283350.003.0007
Subject:
Economics and Finance, Macro- and Monetary Economics

Seeks to fuse the insights of Schumpeter and Keynes with the argument that market conditions force unrelated innovatory investment decisions to march in step. Aggregate demand matters, therefore, and ... More


Distributions Displayed

Henry Phelps Brown

in Egalitarianism and the Generation of Inequality

Published in print:
1988
Published Online:
November 2003
ISBN:
9780198286486
eISBN:
9780191596773
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198286481.003.0010
Subject:
Economics and Finance, Public and Welfare

Discusses how best to display distributions of income and wealth so that comparisons can be made between different periods or countries. The various different kinds of distribution curve that have ... More


Other Accounts of Keynesian Ethics and Uncertainty

Athol Fitzgibbons

in Keynes's Vision: A New Political Economy

Published in print:
1990
Published Online:
November 2003
ISBN:
9780198283201
eISBN:
9780191596254
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198283202.003.0006
Subject:
Economics and Finance, History of Economic Thought

Corrects some prominent misunderstandings concerning Keynes's theory of uncertainty.


Schumpeter's Plea for Reasoned History

Chris Freeman and Francisco Louçã

in As Time Goes By: From the Industrial Revolutions to the Information Revolution

Published in print:
2002
Published Online:
November 2003
ISBN:
9780199251056
eISBN:
9780191596278
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199251053.003.0002
Subject:
Economics and Finance, Economic History

The chapter summarizes some of the main characteristics of Schumpeter's evolutionism, discussing his own evolution in some detail, since the early days of the Methodenstreit between Menger and ... More


Nikolai Kondratiev: A New Approach to History and Statistics

Chris Freeman and Francisco Louçã

in As Time Goes By: From the Industrial Revolutions to the Information Revolution

Published in print:
2002
Published Online:
November 2003
ISBN:
9780199251056
eISBN:
9780191596278
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199251053.003.0003
Subject:
Economics and Finance, Economic History

Nikolai Kondratiev was one of the Russian economists whose work had most impact on the academic profession in the early twentieth century; after following courses by Tugan‐Baranovsky, he joined in ... More


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