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  • Cited by 10
Publisher:
Cambridge University Press
Online publication date:
March 2018
Print publication year:
2018
Online ISBN:
9781108555029
Series:
Elements in Evolutionary Economics

Book description

The main thrust of this Element is a critical assessment of the theory and evidence concerning the sources of scale effects. It is argued that the analysis of static scale effects is important because scale effects are embedding in our world, and new technologies associated with an evolving economy often allow their exploitation when they cannot be exploited in less technically advanced and smaller economies. So, although static equilibrium theory is not a good vehicle for studying economic growth, showing how scale effects operate when output varies with given technology helps us to understand the scale effects that occur when output rises as a result of economic growth, even though that is typically driven by technological change.

Classified References

A.

A. Dictionaries, Encyclopaedias and Introductory Textbooks1

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Ammer, C. and Ammer, D.S.. 1984. Dictionary of Business and Economics (Revised and Expanded Edition). London: The Free Press.
Bain, J.S. 1968. ‘Economies of Scale’. In Stills, D.L., ed., International Encyclopedia of the Social Sciences. New York, NY: Gale.
Bannock, G., Baxter, R. and Davies, R.. 1984. Penguin Dictionary of Economics (3rd Edition). Harmondsworth, Middlesex; New York, NY: Penguin Books.
Bannock, G., Baxter, R. and Davies, R.. 2003. Penguin Dictionary of Economics (7th Edition). London; New York, NY: Penguin Books.
Barbosa-Filho, N.H. 2008. ‘Verdoorn’s Law’. In Darity, William A. Jr., ed., International Encyclopedia of the Social Sciences (2nd Edition). Detroit: Macmillan Reference USA.
Baumol, W.J. 2008. ‘Indivisibilities’. In Durlaf, S.N. and Blume, L., eds., The New Palgrave Dictionary of Economics (2nd Edition). New York, NY: Palgrave Macmillan.
Becattinni, G. 2008. ‘Internal Economies’. In Durlaf, S.N. and Blume, L., eds., The New Palgrave Dictionary of Economics (2nd Edition). New York, NY: Palgrave Macmillan.
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Brush, B.C. 1994. ‘Economies of Scale’. In Greenwald, D., ed., The Mcgraw-Hill Encyclopedia of Economics (2nd Edition). New York, NY: McGraw-Hill, Inc.
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Carlaw, K. and Lipsey, Richard G.. 2008a. ‘Returns to Scale’. In Darity, William A. Jr., ed., International Encyclopedia of the Social Sciences (2nd Edition). Detroit: Macmillan Reference USA.
Carlaw, K. and Lipsey, Richard G.. 2008b. ‘Returns to Scale, Asymmetric’. In Darity, William A Jr., ed., International Encyclopedia of the Social Sciences (2nd Edition). Detroit: Macmillan Reference USA.
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Eatwell, J. 2008. ‘Returns to Scale’. In Durlaf, S.N. and Blume, L., eds., The New Palgrave Dictionary of Economics (2nd Edition). New York, NY: Palgrave Macmillan.
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Farrell, M.J. 1997. ‘Economies and Diseconomies of Scale’. In Magill, F.N., ed., International Encyclopedia of Economics. Chicago: Salem Press Inc.
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McAffee, R.P. 2006. Introduction to Economic Analysis. Open-source, retrieved from www.mcafee.cc/Introecon/IEA2007.pdf.
McAuliffe, R.E. 1999. ‘Production Functions’. In McAuliffe, R.E., ed., The Blackwell Encyclopedic Dictionary of Managerial Economics. Oxford: John Wiley and Sons, Inc.
McConnell, C.R., Brue, S.L and Flynn, S.M.. 2012. Microeconomics: Principles, Problems, and Policies (19th Edition). New York, NY: McGraw-Hill Irwin.
Parkin, M., Powell, M. and Mathews, K.. 2005. Economics (6th Edition). Essex: Pearson Education Ltd.
Pass, C., Lowes, B. and Davies, L.. 2005. Collins Dictionary of Economics. London: Collins.
Pearce, D.W. 1992. The MIT Dictionary of Modern Economics (4th Edition). Cambridge, MA: MIT Press.
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Pratten, C. 2004. ‘Economies of Scale’. In Kuper, Adam, ed., Social Science Encyclopedia (3rd Edition). New York, NY: Routledge.
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B.

B. Microeconomics Textbooks

Baumol, W.J., 1977. Economic Theory and Operations Analysis. Englewood Cliffs, NJ: Prentice Hall.
Binger, B.R. and Hoffman, E.. 1988. Microeconomics with Calculus. Glenview, IL: Scott, Foresman and Company.
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Griffiths, A. and Wall, S.. 2000. Intermediate Microeconomics: Theory and Applications. Essex: Pearson Education Limited.
Hirshleifer, J., Glazer, A. and Hirshleifer, D.. 2005. Price Theory and Applications: Decisions, Markets, and Information (7th Edition). Cambridge; New York, NY: Cambridge University Press.
Jehle, G.A. and Reny, P.J.. 2001. Advanced Microeconomic Theory (2nd Edition). New York, NY: Addison Wesley.
Kamerschen, D.R. and Valentine, L.M.. 1977. Intermediate Microeconomic Theory. Cincinnati, OH: South-Western Publishing Co.
Mahanty, A.K. 1980. Intermediate Micro-Economics with Applications. New York, NY: Academic Press.
Mansfield, E. 1979. Microeconomics: Theory and Applications (3rd Edition). New York, NY: Norton.
Miller, R.L. 1978. Intermediate Microeconomics: Theory, Issues, and Applications. McGraw-Hill Inc.
Nicholson, W. 1979. Intermediate Microeconomics and Its Applications. Hinsdale, IL: The Dryden Press.
Quirk, J.P. 1987. Intermediate Microeconomics. Chicago: Science Research Associated Inc.
Sher, W. and Pinola, R.. 1986. Modern Microeconomic Theory. New York, NY: Elsevier Science Publishing Co.
Shone, R. 1981. Applications in Intermediate Microeconomics. Oxford: Wiley.
C.

C. Other References

Adams, James. 1991. Flying Buttresses, Entropy and O-Rings: The World of an Engineer. Cambridge, MA: Harvard University Press.
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Bain, J.S. 1954. ‘Economies of Scale, Concentration, and the Condition of Entry in Twenty Manufacturing Industries’. The American Economic Review 44(1): 1539.
Bain, J.S. 1956. ‘Barriers to Competition: Their Character and Consequences in Manufacturing Industries’. Cambridge, MA: Harvard University Press.
Blaug, M. 1978. Economic Theory in Retrospect (3rd Edition). Cambridge; New York, NY: Cambridge University Press.
Bobzin, Hagen. 1998. Indivisibilities: Microeconomic Theory with Respect to Indivisible Goods and Factors. New York, NY: Physica-Verlag
Cardwell, D.S.L. 1995. The Norton History of Technology. New York, NY: Norton.
Cardwell, D.S.L.. 1971. From Watt to Clausius: The Rise of Thermodynamics in the Early Industrial Age. London: Heinemann.
Chandra, Ramesh and Sandilands, Roger. 2006. ‘The Role of Pecuniary External Economies and Economies of Scale in the Theory of Increasing Returns’, Review of Political Economy 18 (2): 193–208.
Chandra, Ramesh and Sandilands, Roger. 2009. ‘Reply ot Roy Grieve on Increasing Returns’. Review of Political Economy 21(4): 655–64.
Carlaw, Kennith I. 2004. ‘Uncertainty and Complementarity Lead to Increasing Returns to Durability’. Journal or Economic Behaviour and Organization 53(2): 261–82.
Carlaw, Kennith I. and Lipsey, Richard G.. 2003. ‘Productivity, Technology and Economic Growth: What Is the Relationship?Journal of Economic Surveys 17(3): 457–95.
Carlaw, Kennith I. and Lipsey, Richard G.. 2004. ‘Total Factor Productivity and the Measurement of Technological Change’. The Canadian Journal of Economics 31(4): 1118–50.
Carlaw, Kennith I. and Lipsey, Richard G.. 2011. ‘Sustained Endogenous Growth Driven by Structured and Evolving General Purpose Technologies’. Journal of Evolutionary Economics 21(4): 563–93.
Chandler Alfred, D. 1990. Scale and Scope: The Dynamics of Industrial Capitalism. Cambridge, MA: Belknap Press.
Eaton, B. Curtis and Lipsey, Richard G.. 1977. ‘The Introduction of Space into the Neo-Classical Model of Value Theory’. In Artis, M.J. and Nobay, A.R., eds., Studies in Modern Economics. Oxford: Basil Blackwell.
Eaton, B. Curtis and Lipsey, Richard G.. 1997. On the Foundations of Monopolistic Competition and Economic Geography: The Selected Essays of B. Curtis Eaton and Richard G. Lipsey. Cheltenham: Edward Elgar Publishing.
Grieve, Roy H. 2010. ‘Pecuniary External Economies, Economies of Scale and Increasing Returns: A Note of Dissent’. Review of Political Economy 22(1): 127–40.
Hirschman, A. 1958. The Strategy of Economic Development. New Haven, CT: Yale University Press.
Hiscock, Eric C. 1965. Cruising Under Sail. Oxford: Oxford University Press.
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Koopmans, T.C. 1957. Three Essays on the State of Economic Science. New York, NY: McGraw Hill.
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Lipsey, Richard G. 2009. ‘Some Legacies of Robbins’ An Essay on the Nature and Significance of Economic Science. Economica (Special issue Robbins’s Essay at 75) 76(1): 845–56.
Lipsey, Richard G., Carlaw, Kenneth and Bekar, Clifford, 2005. Economic Transformations: General Purpose Technologies and Long-Term Economic Growth. Oxford: Oxford University Press.
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Mokyr, Joel 1990. The Lever of Riches: Technological Creativity and Economic Progress. New York, NY: Oxford University Press.
Murphy, R.A., Shleifer, A. and Vishny, R.. 1989. ‘Industrialisation and the Big Push’. Journal of Political Economy 97(5): 1003–26.
Romer, Paul. 1990. ‘Endogenous Technological Change’. Journal of Political Economy 98(5): S71102.
Rosenberg, Nathan. 1982. Inside the Black Box: Technology and Economics. Cambridge: Cambridge University Press.
Rosenberg, Nathan and Birdzell, L.K.. 1986. How the West Grew Rich. New York, NY: Basic Books.
Viner, Jacob. 1931. ‘Cost Curves and Supply Curves’. Reprinted in Stigler, George and Boulding, Kenneth, eds., AEA Readings in Price Theory. London: George Allen and Unwin.
Young, A. Allyn. 1928. ‘Increasing Returns and Economic Progress’. The Economic Journal 38(152): 527–42.

1 I have grouped introductory texts under A rather than B with the rest of the textbooks because their converge is less formal than the micro texts, and hence more like those in the other categories under A.

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