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'History versus equilibrium' and the theory of economic growth, by Mark Setterfield: a comment

Article Abstract:

Critical comments on Mark Setterfield's theory of economic growth are presented. Particular attention is given to criticisms of cumulative causation models, including that of Nicholas Kaldor. Arguments against Setterfield's findings are made.

Author: Toner, Phillip
Publisher: Academic Press Ltd.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2001

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Seterfield on cumulative causation and interrelatedness: a comment

Article Abstract:

Critical comments on Mark Setterfield's theory of cumulative causation in economic growth models are presented. Particular attention is given to inter-relationships between circles of decline and circles of growth. Nicholas Kaldor's work on economic growth is discussed.

Author: Argyrous, George
Publisher: Academic Press Ltd.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2001

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Cumulative causation, interrelatedness and the theory of economic growth: a reply to Argyrous and Toner

Article Abstract:

Critical comments on George Argyrous' and Philip Toner's observations regarding Mark Setterfield's cumulative causation theory in economic growth are presented. Particular attention is given to defensive arguments against Toner's and Argyrous' criticisms.

Author: Setterfield, Mark
Publisher: Academic Press Ltd.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2001
Argyrous, George, Toner, Philip

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Subjects list: Research, Economic development, Criticism and interpretation, Kaldor, Nicholas, Setterfield, Mark
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