A methodology is offered which can be used to construct an econometric model in the presence of structural change of an evolutionary type. The theoretical basis for such modelling is drawn from the self-organisation approach and operationalised in the context of the logistic diffusion growth...

In this paper, we analyze the long run economic performance of a small economy open to foreign investments. Policy instruments used to attract investments are taxes and attractive public infrastructures, whereas the policy choices of the rest of the world are taken as given. Applying the...

The paper focuses attention on Schumpeter’s achievements in his classic contribution and how these relate to the contributions of other major authors. While deeply indebted to Marx’s vision of capitalism as a system incessantly in travail, Schumpeter was no ‘Marxist’. He shared Böhm’s...

Just as medieval municipal republics surrendered to national sovereigns in the past, incumbent states may be replaced in the future by an alternate, global public order. Citizens and merchants would obtain more equal rights, better market infrastructures, and a more efficient provision of public...

(Issues of Methodology and Analysis) The article describes the methodology for identifying and analyzing economic cycles, which are based on historical spectral approach that combines the advantages of the historical and economic analysis and spectral method of the study of economic series. The...

The purpose of the paper is to bring out the special characters of Paolo Sylos Labini experience concerning his work on the history of the discipline. It includes three successive parts. The first investigates the extent to which Sylos Labini can be considered as a Schumpeterian scholar. The...

In this article, Alessandro Roncaglia renders a careful and detailed intellectual tribute to the memory of Paolo Sylos Labini. Roncaglia?s contribution provides at once a biographical account and recounts the intellectual trajectory of his Italian colleague. While Sylos Labini?s theory of...

In this paper we investigate the economic dynamics of a seven-equation model of the business cycle. The main distinctive features of the model are related to: (a) the role played by the public sector in redeploying income between workers and capitalists, since it is assumed that the bargaining...

В статье исследована взаимосвязь неравенства распределения доходов и экономического роста в соответствии с эволюцией концепций экономического развития....