Main Currents in Cumulative Causation

Name: Main Currents in Cumulative Causation
Brand: Springer Nature
SKU: 9780333746882
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Springer Nature

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9780333746882

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This book is the first comprehensive study of the theory of circular and cumulative causation. This theory is concerned with the general dynamics of growth and development in advanced industrial economies and developing nations. A detailed analysis of the theory's core concepts, including increasing returns, external economies, complementarity in production and consumption and technological change is provided. The book provides a detailed account of the historical development of the concept and identifies and critically assesses the major contributions of the chief figures in this tradition.

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