'History versus equilibrium' and the theory of economic growth
构建了一个累积因果模型,讨论其作为“历史”而非“均衡”长期增长结果的局限性,并扩展模型引入技术和制度背景,发现扩展模型更受历史影响,回应了近期对累积因果的批评。
A model of cumulative causation is developed and the limits of this model as a characterisation of ‘historical’ rather than ‘equilibrium’ long-run growth outcomes are discussed. An extension of the model, which postulates that cumulative causation occurs in the context of technological and institutional regimes, is proposed. Outcomes in the extended model are shown to be more influenced by history than those in the original model. The extended model also addresses a number of recent criticisms of cumulative causation.