Advanced

Causality and Endogenous Structural Change in Economics and History

Taalbi, Josef LU (2015)
Abstract
There is traditionally a division of labor between economics and economic history, the task of economic history being that of studying the evolving constraints of economic mechanisms. Recent theorizing on endogenous structural change challenges this view: if structural change is endogenous to economic mechanisms, any strict division of labor between causal analysis and structural analysis breaks down.

Rather such views call for an integration of causal and structural analysis. This paper looks for such a methodology, noting especially the contributions made by two Swedish economists, Johan Åkerman (1896-1982) and Erik Dahmén (1916-2005). With evolutionary, Marxian, Hayekian and critical realist contributions, the paper examines... (More)
There is traditionally a division of labor between economics and economic history, the task of economic history being that of studying the evolving constraints of economic mechanisms. Recent theorizing on endogenous structural change challenges this view: if structural change is endogenous to economic mechanisms, any strict division of labor between causal analysis and structural analysis breaks down.

Rather such views call for an integration of causal and structural analysis. This paper looks for such a methodology, noting especially the contributions made by two Swedish economists, Johan Åkerman (1896-1982) and Erik Dahmén (1916-2005). With evolutionary, Marxian, Hayekian and critical realist contributions, the paper examines notions of endogenous structural change with the aim of expounding how the notion can be thought in terms of underlying mechanisms to aid such structural analysis. The findings of endogenous mechanisms underlying structural change are crystallized into a mathematical model and a simple methodological framework. (Less)
Please use this url to cite or link to this publication:
author
organization
publishing date
type
Working Paper
publication status
submitted
subject
keywords
endogenous structural change, causality
language
English
LU publication?
yes
id
ee9e04f2-eb5a-46c6-b44a-2c5048833436 (old id 7766130)
date added to LUP
2015-08-24 08:55:41
date last changed
2016-04-16 12:34:56
@misc{ee9e04f2-eb5a-46c6-b44a-2c5048833436,
  abstract     = {There is traditionally a division of labor between economics and economic history, the task of economic history being that of studying the evolving constraints of economic mechanisms. Recent theorizing on endogenous structural change challenges this view: if structural change is endogenous to economic mechanisms, any strict division of labor between causal analysis and structural analysis breaks down.<br/><br>
Rather such views call for an integration of causal and structural analysis. This paper looks for such a methodology, noting especially the contributions made by two Swedish economists, Johan Åkerman (1896-1982) and Erik Dahmén (1916-2005). With evolutionary, Marxian, Hayekian and critical realist contributions, the paper examines notions of endogenous structural change with the aim of expounding how the notion can be thought in terms of underlying mechanisms to aid such structural analysis. The findings of endogenous mechanisms underlying structural change are crystallized into a mathematical model and a simple methodological framework.},
  author       = {Taalbi, Josef},
  keyword      = {endogenous structural change,causality},
  language     = {eng},
  note         = {Working Paper},
  title        = {Causality and Endogenous Structural Change in Economics and History},
  year         = {2015},
}