In proposing industrial policies to promote development-enhancing upgrading, both the Middle-Income Trap (MIT) and Global Value Chain (GVC) literatures imply a "technocratic" approach that matches a given technical challenge to the right policy instrument. This paper suggests that, apart from...

East Asia exhibits remarkable economic heterogeneity, yet debates on the region's development have centered predominantly on the most successful cases, such as Japan, South Korea, and Taiwan, all examples of the so-called "developmental state" model, or China's economic upswing. Building on the...

We examine the factors shaping the formation of dynamic legislative co-sponsorship networks using unique data from the 20th Korean National Assembly. By employing dynamic probit, Poisson regression, and log-linear models, we explore the drivers of collaboration among lawmakers. Korea's mandatory...

Since its economic reforms and opening up, China has experienced rapid economic growth; however, regional disparities in economic development have continued to widen. In exploring the causes of regional economic disparities, historical factors have played a significant role. Grounded in the...

This study investigates the skill structures of European countries and their transformations from the perspective of capability development. The constructed skill space illustrates the skill sets of European nations based on product space methodology by linking skill occupation and...

In order to address the demographically induced labour shortage, it is essential to attract and integrate foreign workers, particularly in the context of Germany's ongoing structural transformation. However, the example of the Saxony-Anhalt part of the central German mining district indicates...

Place names, or toponyms, provide insight into the initial geographical characteristics of settlements. We present a unique dataset of 3,705 German toponyms that includes the date of the first historical record mentioning the settlement and the date it was granted city rights. We show that the...

We test the reproducibility and replicability of Dincecco et al. (2022), which reports a positive relationship between pre-colonial interstate warfare and long-run development patterns across India. Overall, we confirm that all of the study's estimates are computationally reproducible by using...

We explore how optimal emission abatement trajectories are affected by dynamic characteristics of greenhouse-gas emitting systems, such as inertia, induced innovation, and pathdependency, by formulating a compact and analytically tractable model with stylized damage assumptions to derive the...

Post-Keynesians have questioned the relevance of behavioral economics on methodological grounds, citing the predominant focus of the behavioral literature on possible deviations of individual behavior from extreme standards of perfect optimization. The very limited influence of behavioral...

The literature provides clear evidence that the kind, amount, and location of innovation activity changes during the life cycle of industries. However, the relevant literature in this respect focuses on large, long-existing industries such as the automobile industry, while it is unclear whether...

East Asia exhibits remarkable economic heterogeneity, yet debates on the region's development have centered predominantly on the most successful cases, such as Japan, South Korea, and Taiwan, all examples of the so-called "developmental state" model, or China's economic upswing. Building on the...

Although the feasibility of introducing climate policies underpins global efforts to curb climate change, there has been limited analysis estimating the likelihood of introducing specific policies in different country contexts. Drawing on a dataset of climate policies introduced globally over...

Most neo-Ricardian studies on the "choice of technique" are based on a comparison of alternative technologies applicable to the same industrial branch. Some authors even recommend restrict analyses of the long-run technological changes to a single industry. In reality, innovations often require...

This study investigates the evolution of sustainable palm oil policies in Indonesia through a historical institutionalism framework, tracing the influence of both domestic institutional developments and global dynamics on the sustainability trajectory of the palm oil sector, focusing on the...

Preface, List of Tables, List of Figures, 1. Introduction, 2. The Birth of a Conglomerate, 3. The Midas Touch, 4. Fire-Fighting, 5. Axis of Opportunity, 6. Evolution of the Salim Group Strategy, 7. Conclusions, Annex 1: Sources, Annex 2: Time Series Analysis of Business Events, Annex 3: Overview...

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 book introduces the basic concepts and tools of dynamic optimization as used in economics. The book emphasizes intuition, gradually adding small doses of mathematical development as needed to provide an accessible stand-alone introduction to the topic. All three primary approaches to...