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The Irrelevance of Equilibrium Economics
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In the citing paper
“Second, the existence of indivisibilities -and thus the need to solve 'scale bottlenecks' -in production may lead to organizational innovations, not just in the industry itself but through the whole value chain in which the industry is embedded.”
From Industrial Policy in the 21st Century (2020) · cites this paper as Kaldor, 1972
In the citing paper
“However, according to Kaldor (1972Kaldor ( : 1249-50)-50), the absorption of a continuously rising volume of production depends on 'additional incomes resulting from the accumulation of capital (in other words, from investment expenditures) combined with the induced character of such investment'.”
From Industrial Policy in the 21st Century (2020) · cites this paper as Kaldor, 1972: 1249-50
In the citing paper
“The banking sector enables capital investments which, in turn, generate the 'savingsadditional investments-savings' dynamics, while the merchants operate as countercyclical forces absorbing stocks in response to excess supply, and releasing stocks in the face of excessive demand.”
From Industrial Policy in the 21st Century (2020) · cites this paper as Kaldor, 1972
In the citing paper
“The banking sector enables capital investments which, in turn, generate the 'savingsadditional investments-savings' dynamics, while the merchants operate as countercyclical forces absorbing stocks in response to excess supply, and releasing stocks in the face of excessive demand.”
From Industrial Policy in the 21st Century (2020) · cites this paper as Kaldor, 1972
In the citing paper
“According to Kaldor, for the income multiplier and the investment accelerator mechanisms to be effective, the banking system as well as what he calls the 'merchants' have to play critical roles.”
From Industrial Policy in the 21st Century (2020) · cites this paper as Kaldor, 1972
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Items 701–800 of 1,000
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Rostow, W. W. (1980) · Palgrave Macmillan UK eBooks · doi:10.1007/978-1-349-05658-3_4 · Cited by 1
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Deleidi, M., Meloni, W. P., & Stirati, A. (2018) · RePEc: Research Papers in Economics · Cited by 1
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Olesen, F. (2001) · University of Southern Denmark Research Portal (University of Southern Denmark) · Cited by 1
Socio-Economic Analysis of Dualistic Economies: A Review of Methodological Alternatives
Dutta, D. (1991) · Journal of Interdisciplinary Economics · doi:10.1177/02601079x9000300402 · Cited by 1
“‘If one takes an all-inclusive view of the economic process, economic activity ultimately consists of the exchange of goods against goods’ (Kaldor, 1972, p. 1245).”
Background(1995) · Routledge eBooks · doi:10.4324/9780203020630.bmatt · Cited by 1
O’Sullivan, M. A. (2001) · doi:10.1093/0199244863.003.0001 · Cited by 1
Blaug, M. (2008) · The New Palgrave Dictionary of Economics · doi:10.1057/978-1-349-95121-5_99-2 · Cited by 1
Makowski, L. (2018) · The New Palgrave Dictionary of Economics · doi:10.1057/978-1-349-95189-5_944 · Cited by 1
Groenewegen, P. (2018) · The New Palgrave Dictionary of Economics · doi:10.1057/978-1-349-95189-5_675 · Cited by 1
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Piteli, E. E. N. (2017) · Palgrave Macmillan UK eBooks · doi:10.1057/978-1-349-94848-2_99-1 · Cited by 1
Dunford, M. (2020) · International Encyclopedia of Geography · doi:10.1002/9781118786352.wbieg0632.pub2 · Cited by 1
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Fontanari, C., & Palumbo, A. (2022) · doi:10.36687/inetwp187 · Cited by 1
“However, the notion is not only perfectly compatible with a demand-led growth perspective, but, as maintained by Kaldor (1972), even more consistent with the latter, since the very presence of pervasive increasing returns in the economy deprives the notion of resource-constrained growth of its…”
ResultCausality and Endogenous Structural Change in Economics and History
Taalbi, J. (2015) · PhilPapers (PhilPapers Foundation)
Casinoworld:An Agent-based Model with Heterogeneous Risk Preferences and Adaptive Behavior
Harrington, M., & Higa, D. (2002) · Advances in computational economics · doi:10.1007/978-1-4615-0785-7_10
Where are we going? Some (very tentative) considerations
Roncaglia, A. (2005) · Cambridge University Press eBooks · doi:10.1017/cbo9780511492341.019
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From body politic to economic tables
Roncaglia, A. (2005) · Cambridge University Press eBooks · doi:10.1017/cbo9780511492341.005
de Freitas, F. N. P. (2006) · RePEc: Research Papers in Economics
Jiménez, F., Salinas, J. K., & Aguilar, G. (1998) · RePEc: Research Papers in Economics
Langfristige Neutralität der Geldpolitik
Schmid, K. D. (2010) · University writing server of the University of Hohenheim (Universität Hohenheim)
The Market for Entrepreneurs: The Story of a FailurePreprint
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“12 Several authors have explained the relationship between entrepreneurial function, efficiency and economic growth from different approaches (Leibenstein 1969, Kaldor 1972).”
Evolutionary theory : a 'good' explanatory framework for research into technological innovation?
Myers, S. (2006) · Cross Connect (Southern Cross University)
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Chen, J. (2001) · SSRN Electronic Journal · doi:10.2139/ssrn.275609
“(Kaldor, 1972)”
Un análisis crítico y retrospectivo de la Teoría del Crecimiento Económico
Cuevas, S., & Hernando, E. (2015)
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Liso, N. D., & Leoncini, R. (2009) · RePEc: Research Papers in Economics
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Smith, N. (2012) · SSRN Electronic Journal · doi:10.2139/ssrn.2173846
Understanding of Knowledge from Two Mutually Related Aspects
Kešeljević, A. (2008) · IFIP International Federation for Information Processing/IFIP · doi:10.1007/978-0-387-84837-2_27
“Kaldor (1972) and Swedberg (1994) maintain that such a narrow understanding of market mechanism 'only' underscores the allocative function of the market.”
BackgroundRoncaglia, A. (2005) · Cambridge University Press eBooks · doi:10.1017/cbo9780511492341.014
Towards a new brain science: lessons from the economic collapsePreprint
Gómez‐Ramírez, J., & Bedía, M. G. (2012) · RePEc: Research Papers in Economics · doi:10.48550/arxiv.1205.2999
“Thus, an economic explanation can be seen as finding the minimum set of basic assumptions necessary for establishing the existence of equilibrium which is unique and stable [20].”
BackgroundRoncaglia, A. (2005) · Cambridge University Press eBooks · doi:10.1017/cbo9780511492341.001
Geda, A. (2011) · CODESRIA Bulletin · doi:10.57054/cb03-042011470
The Human Good and Lonergan’s Macroeconomic Dynamics
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Kaldor's Ideas Embodied in His Development Economics
Maki, M. (2002) · Keizaigakushi Gakkai nenpo/Keizaigakushi Gakkai nempō · doi:10.11498/jshet1963.41.25
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Markowska, M. (2011) · Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
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Vasséi, A. M. (2013)
Perälä, M. J. (2003) · RePEc: Research Papers in Economics
Endogeneidade da taxa natural de crescimento
Leite, A. O. D. M. (2012) · doi:10.11606/d.12.2012.tde-30012013-200904
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Lamba, H. (2010) · SSRN Electronic Journal · doi:10.2139/ssrn.1676925
“Secondly, there may be ‘rational herding’ by investment managers who find themselves chasing a benchmark average so as not to lose their jobs, bonuses or investment capital 6(see Keynes (1936); Akerlof and Yellen (1985); Scharfstein and Stein (1990)).”
BackgroundRoncaglia, A. (2005) · Cambridge University Press eBooks · doi:10.1017/cbo9780511492341.016
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Kiliç, S., & Aydın, D. G. (2014) · DergiPark (Istanbul University)
Signorino, R. (2012) · Munich Personal RePEc Archive (Ludwig Maximilian University of Munich)
Roncaglia, A. (2005) · Cambridge University Press eBooks · doi:10.1017/cbo9780511492341.018
Between market and merit: How unequal should incomes be?
Dietsch, P. (2004) · London School of Economics and Political Science Theses Online (London School of Economics and Political Science)
CPA Examination Preparation and Intermediate Accounting Textbooks -- An UpdatePreprint
Sedki, S. S. (2015) · SSRN Electronic Journal · doi:10.2139/ssrn.2627754
Marktstrukturen, Marktverhalten und Marktergebnisse
Stobbe, A. (1991) · Springer-Lehrbuch · doi:10.1007/978-3-642-58210-3_5
Carton, C. (2007) · Munich Personal RePEc Archive (Ludwig Maximilian University of Munich)
Book Review: Schweickart and Economic Democracy
Jossa, B. (2004) · Review of Radical Political Economics · doi:10.1177/0486613404269798
“See Dobb [1939] 1955a: 253–54, [1939] 1955b: 41 ff., [1953] 1955: 74 ff. and politicians must not abdicate their responsibilities in decision making” (see Dobb [1953] 1955: 78 ff.; see also, inter alia, Kaldor 1972: 1,240; Elster and Moene 1989: 5–7).”
Coordination, croissance et géographie économique
Gaffard, J., Quéré, M., & Quéré, M. (1998) · Revue économique · doi:10.2307/3502815
The General Theory and monetary policy: Investment versus inflation
Tily, G. (2009) · European Journal of Economics and Economic Policies Intervention · doi:10.4337/ejeep.2009.01.10
CHANGE OR PERMANENCE? GROWTH AND DEVELOPMENT IN CAPITALIST ECONOMIES
Setterfield, M. (1993) · Review of Income and Wealth · doi:10.1111/j.1475-4991.1993.tb00449.x
Bernard Lonergan's contribution to social economics
Donahue, E. L. (1993) · Forum for Social Economics · doi:10.1007/bf02826156
Six titans of the Cambridge School: a review article
Gram, H. (2011) · Cambridge Journal of Economics · doi:10.1093/cje/ber007
Out of Equilibrium Profit and InnovationPreprint
Antonelli, C., & Scellato, G. (2008) · SSRN Electronic Journal · doi:10.2139/ssrn.1319273
Disaggregation in economic models
Tiplitz, C. I. (1984) · Naval Research Logistics Quarterly · doi:10.1002/nav.3800310205
Economics: A ‘Science’ in Quotes
Duhs, L. A. (1979) · Economic Analysis and Policy · doi:10.1016/s0313-5926(79)50016-2
Young’s increasing returns, the factory system and Kaldor’s admonition
Shropshire, W. O. (1998) · Journal of Economic Studies · doi:10.1108/01443589810215333
Toward a Productive Interaction Between Simulations and Theory in Economic Science
Shiozawa, Y. (2008) · Springer eBooks · doi:10.1007/978-4-431-73167-2_5
Harrod sob análise: path-dependence, tempo histórico e mudança estrutural endógena
Moreira, R. R. (2011) · Brazilian Journal of Political Economy · doi:10.1590/s0101-31572011000400008
“9 Destarte, até este ponto, pode-se afirmar que há um processo de causação cumulativa — para usar o termo empregado nos trabalhos de Kaldor (1972) e Setterfield (1997, 1998) —, fazendo com que o equilíbrio dinâmico no modelo de Harrod, expresso pela taxa garantida, seja fortemente instável: os…”
BackgroundFinancial Institutions and Corporate Financing in Bangladesh
Ahmed, M. (1996) · Institutional Repositories DataBase (IRDB)
Financial and Economic Crisis: The Return to Stability
Arestis, P., Sawyer, M., Faure, M., Thomadakis, S. B., Diamond, D. W., Goodhart, C., Tsomocos, D. P., Hardouvelis, G. A., Vrettos, N., Pitelis, C., et al. (2010)
The Relationship between Classical Growth and Early Development Theories
Perälä, M. J. (2003)
The Macroeconomics of Industrial StrategyPreprint
Arestis, P., & Sawyer, M. (1998) · SSRN Electronic Journal · doi:10.2139/ssrn.115787
“by the exogenous ‘resource endowment’ ( Kaldor, 1970, p. 343 ).”
Croissance par Division du TravailPreprint
Ragot, X. (2000) · RePEc: Research Papers in Economics
Post-Keynesian Models of Economic Growth: Open Systems
Ghosh, D. K. (2008) · Stirling Online Research Repository (University of Stirling)
The supply side in a post-Keynesian two-sector model
Harck, S. (1981) · Zeitschrift für Nationalökonomie · doi:10.1007/bf01283105
“" (Kaldor (1976), p.”
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Máslo, L. A., & Chytil, Z. (2015) · European Scientific Journal ESJ
The Memory Concepts of Hysteretic Systems in Post-Keynesian Economics
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Economic science at the time of the French Revolution
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Reimann, S. (2008)
A new economics approach to modelling policies for climate change mitigation
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Modelling the growth process as a virtuous cycle
Alexander, R. R. (2013) · USC Research Bank (University of the Sunshine Coast)
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Some Thoughts on the Contentious State of Economics: Why So? What to Do?
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Roncaglia, A. (2005) · Cambridge University Press eBooks · doi:10.1017/cbo9780511492341.017
The history of economic thought and its role
Roncaglia, A. (2005) · Cambridge University Press eBooks · doi:10.1017/cbo9780511492341.002
Wilson, B. (2012) · MOspace Institutional Repository (University of Missouri)
Paretoos Distribution and the Laws Of Network OrganizationPreprint
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Inserção externa e crescimento econômico: quais os argumentos anti-liberais?
Lima, U. M. (2014) · InterAção · doi:10.5902/2357797512700
Franklin, P. J. (1981) · The Geneva Papers on Risk and Insurance Issues and Practice · doi:10.1057/gpp.1981.25
Rashid, S. (2000) · Springer eBooks · doi:10.1007/978-1-4615-4537-8_8
The Irrelevance of Conventional Microeconomic: A Revision of the Traditional Industrial ModelsPreprint
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A Scheme for Comparing Competing Claims in Economics
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“Nicholas Kaldor’s scathing critique of general equilibrium theory in the Economic Journal drew a sharp rebuttal from Hahn (see Kaldor 1972; Hahn 1973).”
BackgroundAdam Smith on Consumption with regard to Social Esteem and Economic Growth
김광수 (2008) · KUKJE KYUNGJE YONGU · doi:10.17298/kky.2008.14.3.007
Metadata
- Authors
- Kaldor, N.
- Affiliations
- University of Cambridge (GB)
- Corresponding author
- Kaldor, Nicholas
- Venue
- The Economic Journal
- Publisher
- Oxford University Press (OUP)
- Published
- 1972-12
- Volume
- 82
- Issue
- 328
- Pages
- 1237
- ISSN
- 0013-0133 (ISSN-L)
- OpenAlex
- W1980427659
- Cited by
- 1,013
- References
- 0
- Citations by year
- 2026: 20 · 2025: 22 · 2024: 14 · 2023: 27 · 2022: 23 · 2021: 36 · 2020: 44 · 2019: 30 · 2018: 32 · 2017: 36 · 2016: 31 · 2015: 34 · 2014: 29 · 2013: 28 · 2012: 30
- FWCI
- 26.75
- Type
- journal article
- Language
- en
- Open access
- closed
- Locations
- The Economic Journal (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Economic Theory and Policy
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic theories and models
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic Theory and Institutions
- Keywords
- economic equilibrium, economic methodology, general equilibrium
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
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