Evolutionary and Institutional Economics Review最新文献

Comments on Nobuo Okishio’s review of Piero Sraffa’s Production of commodities by means of commodities (1960) 评论 Nobuo Okishio 对 Piero Sraffa 的《以商品为手段生产商品》（1960 年）的评论

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Evolutionary and Institutional Economics Review Pub Date : 2024-09-09 DOI: 10.1007/s40844-024-00289-9

Heinz D. Kurz, Neri Salvadori

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Environmental multipliers for circular flow–positive-profit economies: formulation, implications and empirical illustration 循环流动正利润经济体的环境乘数：表述、影响和经验说明

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Evolutionary and Institutional Economics Review Pub Date : 2024-07-22 DOI: 10.1007/s40844-024-00286-y

Theodore Mariolis, Christos Tsirimokos

{"title":"Environmental multipliers for circular flow–positive-profit economies: formulation, implications and empirical illustration","authors":"Theodore Mariolis, Christos Tsirimokos","doi":"10.1007/s40844-024-00286-y","DOIUrl":"https://doi.org/10.1007/s40844-024-00286-y","url":null,"abstract":"This paper formulates an environmental extension of the Kurz matrix demand multipliers for circular flow–positive-profit economies and, thus, provides a theoretical and empirical integration of income distribution–value, trade, effective demand and ‘green policy’ considerations. The findings highlight the complex ways in which environmental multiplier effects depend on the technical conditions of production, distributive variables, relative commodity prices, savings ratios out of wages and profits, direct and indirect tax rates, patterns of household consumption demand, physical composition of autonomous demand, and ultimately on the resulting socio-technical inter-country ‘backward’ linkages and leakages. On the one hand, then, the overall findings of this paper challenge the effectiveness of traditional effective demand management and environmental tax policies to reduce pollutant emissions, energy use or/and unemployment. On the other hand, however, they suggest an alternative, fairly general and flexible framework for studying environmental multiplier effects at the level of individual industries and sectors, both nationally and transnationally.","PeriodicalId":44114,"journal":{"name":"Evolutionary and Institutional Economics Review","volume":"14 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2024-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141773830","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

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Decentralization and rural–urban income inequality: implications for inverted-U hypothesis of Pakistan 权力下放与城乡收入不平等：对巴基斯坦倒 U 型假说的影响

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Evolutionary and Institutional Economics Review Pub Date : 2024-06-17 DOI: 10.1007/s40844-024-00285-z

Muhammad Shahid, Khalil Ahmad, Ayesha Haider, Safdar Ali

{"title":"Decentralization and rural–urban income inequality: implications for inverted-U hypothesis of Pakistan","authors":"Muhammad Shahid, Khalil Ahmad, Ayesha Haider, Safdar Ali","doi":"10.1007/s40844-024-00285-z","DOIUrl":"https://doi.org/10.1007/s40844-024-00285-z","url":null,"abstract":"The decentralization process greatly improves a society's welfare by offering public goods and services. Inequality between rural and urban areas as well as the overall effects of decentralization is examined in this study in Pakistan. In addition, the rural–urban inverted-U hypothesis is investigated for a country-specific focus on Pakistan using a time-series data set spanning the years 1985 to 2020. Using the auto-regressive distributive lag model (ARDL) bounds testing co-integration method, variables are evaluated over the long run and their error correction dynamic is applied to short-run instants of the variables. The study's findings successfully demonstrate the opposite of what is typically found for the implications of rural inequality owing to fiscal decentralization, namely that fiscal decentralization has exacerbated the overall inequality situation in rural and urban Pakistan. Decentralization in politics and administration is more beneficial for enhancing the overall and urban income distribution in Pakistan. Decentralization has, however, affected rural regions' income distribution in both directions. Furthermore, for both the national economy and urban regions, the GDP per capita growth rate and its square support Kuznet's inverted U-shape theory. However, the distribution of income in Pakistan's rural areas does not support this theory.","PeriodicalId":44114,"journal":{"name":"Evolutionary and Institutional Economics Review","volume":"20 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2024-06-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141503221","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Stability of price and quantity to a long-run equilibrium: a dynamic Leontief model with bounded rationality 价格和数量向长期均衡的稳定性：一个有界理性的动态列昂惕夫模型

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Evolutionary and Institutional Economics Review Pub Date : 2024-04-26 DOI: 10.1007/s40844-024-00282-2

Yangyuzi Wang

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Downward aggregate supply curve in inflation crisis 通胀危机中的向下总供给曲线

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Evolutionary and Institutional Economics Review Pub Date : 2024-04-08 DOI: 10.1007/s40844-024-00277-z

Masoud Saadatmehr

{"title":"Downward aggregate supply curve in inflation crisis","authors":"Masoud Saadatmehr","doi":"10.1007/s40844-024-00277-z","DOIUrl":"https://doi.org/10.1007/s40844-024-00277-z","url":null,"abstract":"The slope of the aggregate supply curve of the economy in economic schools is influenced by the assumptions of the labor market. In classical economics, assuming no monetary illusion of labor, the aggregate supply curve is a vertical line at full employment. In the great crisis of the 1930s, Keynes introduced the horizontal aggregate supply to the economic world as a special state of the economy, and Keynesian economics presented the aggregate supply with a positive slope assuming the existence of monetary illusion. The monetarists with the hypothesis of adaptive expectations considers the aggregate supply in the short term with a positive slope like the Keynesians and vertical in the long term like the classics. The new classics with the assumption of rational expectations, although they consider the aggregate supply with a positive slope, but they provide the same results as the classics. Nevertheless, aggregate supply in inflationary crises as a special state of the economy has not been discussed in economic schools so far, and there is a study gap in this regard. The current research seeks to present a new theory regarding the aggregate supply of the economy in inflationary crises. The purpose of this research is to provide a new theory about the supply of the entire economy in inflationary crises, which is a basis for future research, especially for countries that are facing inflationary crises.","PeriodicalId":44114,"journal":{"name":"Evolutionary and Institutional Economics Review","volume":"61 7 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2024-04-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140581511","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Why is the Cobb-Douglas production function so popular? 柯布-道格拉斯生产函数为何如此流行？

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Evolutionary and Institutional Economics Review Pub Date : 2024-04-05 DOI: 10.1007/s40844-024-00279-x

Bert M. Balk

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Special feature: economics education and evolutionary economics 特别专题：经济学教育与进化经济学

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Evolutionary and Institutional Economics Review Pub Date : 2024-03-22 DOI: 10.1007/s40844-024-00278-y

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Evolutionary alternatives to equilibrium frameworks in economics education 经济学教育中平衡框架的进化替代方案

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Evolutionary and Institutional Economics Review Pub Date : 2024-02-19 DOI: 10.1007/s40844-024-00275-1

Henning Schwardt

{"title":"Evolutionary alternatives to equilibrium frameworks in economics education","authors":"Henning Schwardt","doi":"10.1007/s40844-024-00275-1","DOIUrl":"https://doi.org/10.1007/s40844-024-00275-1","url":null,"abstract":"To have multiple perspectives for analyzing an economy is valuable in and of itself. For the complex system economy, they offer ways for researchers and students alike for developing a more nuanced understanding of socio-economic structures than the economics mainstream framework can accommodate. They allow us to conceptualize economic activity in different ways and show different aspects of economic activities. They can help develop policy frameworks that may permit a more versatile, and also more targeted, set of options for influencing economic processes. They can support the development of differing positions when we consider how to evaluate economic processes and the output range which they produce. For students, learning different perspectives for thinking about how an economy functions, about the role of economic activity and how it is embedded in a physical and social environment can offer numerous advantages over an instruction that is solely focused on one specific perspective and its positive and normative positions. Evolutionary perspectives on economic education and analyses provide an analytical framework that can accommodate the above aspects.","PeriodicalId":44114,"journal":{"name":"Evolutionary and Institutional Economics Review","volume":"82 1","pages":""},"PeriodicalIF":0.9,"publicationDate":"2024-02-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139909969","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

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Overarching economic theory and economics education in times of crisis 危机时期的总体经济理论和经济学教育

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Evolutionary and Institutional Economics Review Pub Date : 2024-02-16 DOI: 10.1007/s40844-024-00274-2

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Global supply chains as global commons: some policy considerations from the perspective of microfoundations in an evolutionary framework 作为全球公域的全球供应链：从演化框架中的微观基础角度出发的一些政策考量

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Evolutionary and Institutional Economics Review Pub Date : 2024-01-11 DOI: 10.1007/s40844-023-00273-9

Henning Schwardt

引用次数: 0