Philip McCann, Raquel Ortega-Argilés, Mark Thissen, Ming-Wei Hsu
{"title":"Mercantilist and protectionist shocks on innovation, growth, and economic policy in European regions.","authors":"Philip McCann, Raquel Ortega-Argilés, Mark Thissen, Ming-Wei Hsu","doi":"10.1007/s00191-025-00921-w","DOIUrl":"https://doi.org/10.1007/s00191-025-00921-w","url":null,"abstract":"<p><p>We assess the potential innovation and growth implications on European regions of the rapid global shifts in political economy towards mercantilism, tariffs, and protectionism. The new trade shocks have the potential to reshape the geography of European innovation, and we examine the likely global value-chain implications on regional innovation in both STI-driven and DUI-driven regions using a unique EU-wide regional input-output database. The analyses undertaken here using the EU <i>EUREGIO</i>-FIGARO datasets allow us to incorporate not only the direct demand-transmission effects of international trade on different EU regions, but also the full trade-in-value-added logic, which also includes the indirect effects of GVCs spanning EU regions and non-EU countries. We demonstrate that both STI-driven and non-STI/DUI-driven regions are exposed in different ways to these trade shocks, and that Europe's territorial innovation, growth, and development challenges are likely to become even more complicated in today's global political context, depending on where regions are positioned in global value chains.</p>","PeriodicalId":47757,"journal":{"name":"Journal of Evolutionary Economics","volume":"36 1","pages":"3"},"PeriodicalIF":1.8,"publicationDate":"2026-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC12812773/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146012668","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Cooperative protection against stochastic losses: Experimental evidence on behavioral dynamics.","authors":"Sonja Köke, Andreas Lange, Andreas Nicklisch","doi":"10.1007/s00191-026-00957-6","DOIUrl":"https://doi.org/10.1007/s00191-026-00957-6","url":null,"abstract":"<p><p>We investigate the dynamics of voluntary cooperation in stochastic social dilemmas. In variants of a repeated four-person prisoner's dilemma game, we show that cooperation rates are larger and more stable when cooperation affects the probability rather than the size of a damage event. We provide insights into behavioral adaptation: after experiencing a damage event, defecting players are more likely to switch to cooperation, while cooperating players are less likely to continue cooperating. In contrast, the absence of damage reinforces the initially chosen strategies. This behavior is consistent with simple learning dynamics based on ex post evaluations of the chosen strategy.</p>","PeriodicalId":47757,"journal":{"name":"Journal of Evolutionary Economics","volume":"36 2","pages":"38"},"PeriodicalIF":1.8,"publicationDate":"2026-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC13068703/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147677775","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Endogenous cycles in heterogeneous agent models: a state-space approach","authors":"Filippo Gusella, Giorgio Ricchiuti","doi":"10.1007/s00191-024-00870-w","DOIUrl":"https://doi.org/10.1007/s00191-024-00870-w","url":null,"abstract":"<p>This paper proposes an empirical test to identify possible endogenous cycles within heterogeneous agent models (HAMs). We consider a two-type HAM into a standard small-scale dynamic asset pricing framework. Fundamentalists base their expectations on the fundamental value, while chartists consider the level of past prices. Because these strategies, by their nature, cannot be directly observed but can cause the response of the observed data, we construct a state-space model where agents’ beliefs are considered the unobserved state components and from which the heterogeneity of fundamentalist-chartist trader cycles can be mathematically derived and empirically tested. The model is estimated using the S&P500 index for the period 1990–2020 at different time scales, specifically, quarterly, monthly, and daily. We find empirical evidence of endogenous damped fluctuations with a higher probability of chartist behavior in the short-term horizon. In addition, the model exhibits better long-run out-of-sample forecasting accuracy compared to the benchmark random walk model.</p>","PeriodicalId":47757,"journal":{"name":"Journal of Evolutionary Economics","volume":"26 1","pages":""},"PeriodicalIF":1.8,"publicationDate":"2024-09-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142175371","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Mariane Santos Françoso, Vanessa de Lima Avanci, Alysson Fernandes Mazoni
{"title":"Green technologies in the knowledge space: Insertion and the moderating role of industry knowledge bases","authors":"Mariane Santos Françoso, Vanessa de Lima Avanci, Alysson Fernandes Mazoni","doi":"10.1007/s00191-024-00871-9","DOIUrl":"https://doi.org/10.1007/s00191-024-00871-9","url":null,"abstract":"<p>This paper discussed how green technological domains are inserted into the Brazilian knowledge space. We investigated whether the insertion of technologies into the Brazilian knowledge space is affected by the fact that these technologies are green or non-green, the potential moderating effect of the industry knowledge bases with which technologies are associated, and the differences regarding the insertion of green and non-green technology domains across industries. We considered Brazilian patent and industry data from 1997 to 2020 and a multilevel analysis to answer these questions. Our results indicated that green technological domains are intensely combined with other domains, but their structural embeddedness is still low. The characteristics of sectoral knowledge bases influenced the insertion of green technologies into the national knowledge space since these technologies are more deeply embedded in the knowledge space when associated with less mature knowledge bases.</p>","PeriodicalId":47757,"journal":{"name":"Journal of Evolutionary Economics","volume":"10 1","pages":""},"PeriodicalIF":1.8,"publicationDate":"2024-08-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142175372","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"How does the shift towards services affect renewable energy deployment? Evidence from OECD countries","authors":"Mamoudou Camara","doi":"10.1007/s00191-024-00868-4","DOIUrl":"https://doi.org/10.1007/s00191-024-00868-4","url":null,"abstract":"<p>For several decades, OECD countries have been experiencing a shift towards services, on the one hand, and, on the other hand, they are still emitting large amounts of greenhouse gas emissions. To tackle greenhouse gas emissions, policymakers often design appropriate strategies to promote investment and innovation in renewable energy sources. However, some important drivers of renewable energy (especially environmental regulations and environmental innovation) are much less common in the services sector than in other sectors (especially manufacturing). Based on this fact, this article aims to examine how services affect renewable energy deployment in OECD countries. Our analysis of the implementation of both environmental regulations and environmental innovation in services suggests that the shift towards services may dampen renewable energy deployment. Additionally, we employ the generalized quantile regression (GQR) estimator on panel data from OECD countries over the period 1991–2018 to investigate the relationship between the shift towards services and renewable energy consumption. The results reveal that the shift towards services tends to negatively affect renewable energy deployment in OECD countries. More precisely, the findings show that the share of services in the economy has a negative and significant impact on renewable energy consumption per capita in OECD countries. On the basis of these findings, policy implications are drawn.</p>","PeriodicalId":47757,"journal":{"name":"Journal of Evolutionary Economics","volume":"92 1","pages":""},"PeriodicalIF":1.8,"publicationDate":"2024-08-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141938360","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Christophe Feder, Beniamino Callegari, David Collste
{"title":"The system dynamics approach for a global evolutionary analysis of sustainable development","authors":"Christophe Feder, Beniamino Callegari, David Collste","doi":"10.1007/s00191-024-00866-6","DOIUrl":"https://doi.org/10.1007/s00191-024-00866-6","url":null,"abstract":"<p>The challenge of pursuing sustainable development highlights the relevance of the complex mechanisms through which natural and social selection processes affect and are affected by the economic system. Current economic development is unsustainable because it fails to generate long-term systemic compatibility between firms and their natural and social environment. This paper evaluates the issue from an evolutionary perspective by conceptualising unsustainability as the emergence of negative macro-selection effects, arising from both the natural and social domains, and argues for a methodological need for closer integration of system dynamics modelling within the evolutionary field. The Earth4All model is then used to illustrate the complex interactions between economic, social, and natural selection processes. The model results illustrate that the current global development trajectory is strongly unsustainable from both a natural and a social perspective, leading to the emergence of relevant natural and social macro-selection mechanisms, whose systemic interactions bring further complex adverse effects.</p>","PeriodicalId":47757,"journal":{"name":"Journal of Evolutionary Economics","volume":"21 1","pages":""},"PeriodicalIF":1.8,"publicationDate":"2024-07-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141775318","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Epictetusian rationality and evolutionary stability","authors":"Gregory Ponthiere","doi":"10.1007/s00191-024-00864-8","DOIUrl":"https://doi.org/10.1007/s00191-024-00864-8","url":null,"abstract":"<p>An economic interpretation of Epictetus’s precept of ‘Taking away aversion from all things not in our power’ consists of extending the symmetric factor of the preference relation beyond its boundaries under non-ethical preferences, so as to yield indifference between outcomes differing only on things outside one’s control. This paper examines the evolutionary dynamics of a population composed of Nash agents and Epictetusian agents matched randomly and interacting in the prisoner’s dilemma game. It is shown that when the evolutionary dynamics is driven by material pay-offs, the Nash type is an ESS under perfect random matching, whereas either the Nash or the Epictetusian type can be an ESS under imperfect random matching. However, when selection is driven by utility pay-offs, the Nash type can never be an ESS, and the Epictetusian type is an ESS if the matching process exhibits a sufficiently high degree of assortativity.</p>","PeriodicalId":47757,"journal":{"name":"Journal of Evolutionary Economics","volume":"6 1","pages":""},"PeriodicalIF":1.8,"publicationDate":"2024-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141720043","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Artificial intelligence and shapeshifting capitalism","authors":"Luca Grilli, Sergio Mariotti, Riccardo Marzano","doi":"10.1007/s00191-024-00865-7","DOIUrl":"https://doi.org/10.1007/s00191-024-00865-7","url":null,"abstract":"<p>Artificial intelligence (AI) is anticipated to reshape the economy by revolutionizing human interaction with technology. Despite its significance, research endeavors in the field of economics remain relatively limited. In this editorial, we outline the articles featured in a Virtual Special Issue designed to expand the scope of inquiry for economists examining AI and its implications. We position these articles within the current economic literature and propose an agenda for further research aimed at fostering a more varied understanding of the impacts, implications, and challenges of AI technologies at the intersection with economic activity.</p>","PeriodicalId":47757,"journal":{"name":"Journal of Evolutionary Economics","volume":"23 1","pages":""},"PeriodicalIF":1.8,"publicationDate":"2024-07-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141586493","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Giovanni Dosi, Davide Usula, Maria Enrica Virgillito
{"title":"Increasing returns and labor markets in a predator–prey model","authors":"Giovanni Dosi, Davide Usula, Maria Enrica Virgillito","doi":"10.1007/s00191-024-00861-x","DOIUrl":"https://doi.org/10.1007/s00191-024-00861-x","url":null,"abstract":"<p>The purpose of this work is to study the joint interaction of three founding elements of modern capitalism, namely endogenous technical change, income distribution, and labor markets, within a low-dimensional nonlinear dynamic setup extending the Goodwin model. Going beyond the <i>conservative</i> structure typical of the predator–prey model, we insert an endogenous <i>source of energy</i>, namely a Kaldor–Verdoorn (KV) increasing returns specification, that feeds the dynamics of the system over the long run and in that incorporates a transition to an (anti)-dissipative framework. The qualitatively dynamics and ample array of topological structures reflect a wide range of Kaldorian stylized facts, as steady productivity growth and constant shares of income distribution. The intensity of learning regimes and wage sensitivity to unemployment allow to mimic some typical traits of both Competitive and Fordist regimes of accumulation, showing the relevance of the demand-side engine, represented by the KV law, within an overall supply-side framework. High degrees of learning regimes stabilize the system and bring it out of an oscillatory trap. Even under regimes characterized by low degrees of learning, wage rigidity is able to stabilize the business cycle fluctuations and exert a positive effect on productivity growth.</p>","PeriodicalId":47757,"journal":{"name":"Journal of Evolutionary Economics","volume":"61 1","pages":""},"PeriodicalIF":1.8,"publicationDate":"2024-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141509158","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Review of: Matthews J. A solar-hydrogen economy: Driving the green hydrogen industrial revolution","authors":"Pier-Paolo Saviotti","doi":"10.1007/s00191-024-00859-5","DOIUrl":"https://doi.org/10.1007/s00191-024-00859-5","url":null,"abstract":"<p>This book briefly outlines the project of a future economic system in which energy is predominantly derived from the sun and from hydrogen. Hydrogen is generated by the electrolysis of water, the energy for which comes from the sun. Hydrogen is then combined with oxygen to produce energy and water. The solar hydrogen economy is then a circular economy which, according to the author, can generate unlimited amounts of energy in a sustainable way. It is quite likely that the solar hydrogen economy will be an important component of a sustainable economic system. The book, although quite synthetic, is written with clarity and passion, perhaps underestimating the barriers to the construction of such an economic system and the presence of possible alternatives. However, it provides a quick introduction to a subject the importance of which is likely to grow considerably in the near future.</p>","PeriodicalId":47757,"journal":{"name":"Journal of Evolutionary Economics","volume":"19 1","pages":""},"PeriodicalIF":1.8,"publicationDate":"2024-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"141170856","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}