Harrod under analysis: path-dependence, historic time and endogenous structural change

The article aims to demonstrate how the Harrod’s approach (1937, 1938, 1948) can offer theoretical elements to form a complex, historicists and non-determinist view of the economic system. The relaxation of the constant warranty rate hypothesis make possible the system suffers endogenous qualitative...

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Detalles Bibliográficos
Autor: Moreira, Ricardo Ramalhete
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2011
País:Brasil
Institución:EDITORA 34
Repositorio:Revista de Economia Política
Idioma:portugués
OAI Identifier:oai:ojs2.centrodeeconomiapolitica.org:article/425
Acceso en línea:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/425
Access Level:acceso abierto
Palabra clave:Harrod
instabilidade
regulação
path-dependence
instability
regulation
Descripción
Sumario:The article aims to demonstrate how the Harrod’s approach (1937, 1938, 1948) can offer theoretical elements to form a complex, historicists and non-determinist view of the economic system. The relaxation of the constant warranty rate hypothesis make possible the system suffers endogenous qualitative change. It results in the notion of path-dependence and historic time. By the endogenization of the expectations and the existence of turn-points mechanisms, this approach allows a synthesis between non-convergency and economic regulation. JEL Classification: B1; E3; O4.