The DOI matches its Crossref record.
The Irrelevance of Equilibrium Economics
Overview
Integrity signals
Registry
Cites
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Verification
Claims the paper makes
Claims other papers make about this one
Each is checked against this paper’s own text: does it say what the citing paper says it does?
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
Citations
Cited by
Sorted by citations
Increasing Returns, Path Dependence, and the Study of Politics
Pierson, P. (2000) · American Political Science Review · doi:10.2307/2586011 · Cited by 8,094
Storper, M. (1995) · European Urban and Regional Studies · doi:10.1177/096977649500200301 · Cited by 1,595
Krugman, P. (1991) · The Quarterly Journal of Economics · doi:10.2307/2937950 · Cited by 920
Misperceptions of feedback in dynamic decision making
Sterman, J. D. (1989) · Organizational Behavior and Human Decision Processes · doi:10.1016/0749-5978(89)90041-1 · Cited by 596
Industrial Policy in the 21st Century
Chang, H., & Andreoni, A. (2020) · Development and Change · doi:10.1111/dech.12570 · Cited by 455
“However, according to Kaldor (1972: 1249–50), 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’.”
Background
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.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
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