Based on the conviction that path dependence is a core theoretical element of political economy in general and institutional and evolutionary economics in particular, this short paper explains the theory of path dependence and clarifies its relation to concepts such as positive feedback or...

Based on the conviction that path dependence is a core theoretical element of political economy in general and institutional and evolutionary economics in particular, this short paper explains the theory of path dependence and clarifies its relation to concepts such as positive feedback or...

This study reexamines the spillover effects of CO2, the marginal impacts of renewable energy, and economic growth in 29 countries in Europe using the spatial panel econometric analysis from 2000 to 2020. The study first employed the pooled OLS, random effects, and fixed effects from the...