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Identifying development blocks - A new methodology Implemented on Swedish industry 1900–1974

Publiceringsår: 2008
Språk: Engelska
Sidor: 57-76
Publikation/Tidskrift/Serie: Journal of Evolutionary Economics
Volym: 18
Nummer: 1
Dokumenttyp: Artikel
Förlag: Springer

Sammanfattning

The paper specifies a quantitative methodology for exploring development blocks. The concept of 'development block' was a major contribution to the historical analysis of industrial transformation by the late Erik Dahmen, but development blocks have mainly been analyzed by qualitative methods and indirect indicators and not statistically identified. In this paper, development blocks are identified by means of a combination of co-integration analysis and Granger causality. Using these techniques, we are able to identify two partially overlapping development blocks in the Swedish economy, formed around the electricity generating sector: one with metal, metal goods, machinery and railways; and another with pulp and paper, chemicals, and machinery.

Disputation

Nyckelord

  • Business and Economics
  • electricity
  • development block
  • Granger causality
  • co-integration

Övriga

Published
Yes
  • ISSN: 0936-9937

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