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    Principle of circular and cumulative causation: fusing myrdalian and kaldorian growth and development dynamics

    119060_10614_2008-O_Hara-JEI-Journal 1--CCC.pdf (210.7Kb)
    Access Status
    Open access
    Authors
    OHara, Phillip
    Date
    2008
    Type
    Journal Article
    
    Metadata
    Show full item record
    Citation
    OHara, Phillip. 2008. Principle of circular and cumulative causation: fusing myrdalian and kaldorian growth and development dynamics. Journal of Economic Issues. 42 (2): pp. 375-387.
    Source Title
    Journal of Economic Issues
    Additional URLs
    http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=32534690&site=ehost-live
    ISSN
    00213624
    Faculty
    Faculty of Cuirtin Business School
    School of Economics and Finance
    Remarks

    This material is available through the publisher, Association for Evolutionary Economics, the publisher of the Journal of Economic Issues.

    URI
    http://hdl.handle.net/20.500.11937/30137
    Collection
    • Curtin Research Publications
    Abstract

    This paper seeks to promote the development of the principle of circular and cumulative causation (CCC) through integrating social and economic dimensions as applied to historical problems. It starts by examining the similarities and differences between Myrdalian and Kaldorian circular and cumulative causation. It shows that the similarities help link the approaches, while the differences enable complementary specializations. There are core elements in both traditions plus specializations that are complementary. A degree of convergence exists between these traditions of institutional and post Keynesian schools, enhancing the analytical spread of vision of contemporary political economy.

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