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This book takes up the challenge of developing an empirically based foundation for evolutionary economics built upon complex system theory. The authors argue that modern evolutionary economics is at a crossroads. At a theoretical level, modern evolutionary economics is moving away from the...
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This paper expands the outlook on future energy systems as it is presented in other contributions to this Special Issue in two ways. First, we put the medium-term scenarios developed by the TEEM Project into the context of longer-term studies. We do this by discussing the plausibility of...
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The paper aims to identify both the major changes that have occurred in the energy sector during the past thirty years and the key driving forces that explain these changes. After a review of the key concepts provided by economic theory in order to analyse technical change in Section 2, Section...
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Bury is a Metropolitan Borough situated in north Manchester. Whilst the centre and south of the Manchester conurbation have benefited from notable economic growth, this has not been so in the north due to its continued reliance on a depleting manufacturing base. Bury in particular has become...
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In this paper we first propose a proxy for the maturity of a country’s export bundle based on product life cycle theory. Employing a conditional latent class model, we then examine the effect of maturity of countries’ exports on their economic growth for 98 countries over the period 1988 to...
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