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Vent for surplus reconsidered with Ghanaian evidence

Bibliographic Data

ID20302033
AuthorsBarbara Ingham (University of Salford, corresponding author)
Year1979
Volume15
Issue3
Pages19-37
Publication date1979-04-01
Peer ReviewedYes
Open AccessNo
TypeARTICLE
VenueThe Journal of Development Studies (JOURNAL)
Journal identifiersISSN: 0022-0388 • E-ISSN: 1743-9140
PublisherInforma UK Limited (PUBLISHER • GB)
DOI10.1080/00220387908421724
OpenAlexW2084055775
LanguageEN
Citations received3
References cited21

Adam Smith's vent for surplus theory of international trade was revived by Myint in the 1950s and subsequently generated a number of new contributions on the nature of the trade‐growth relationship in traditional peasant economies under colonialism. The theme of this paper, which uses some empirical material from Ghana (Gold Coast) in the nineteenth and early twentieth centuries, is to suggest that economists have been too ready in their acceptance of these newer versions of vent for surplus, which now set the approach firmly within neoclassical microeconomics and a framework of comparative statics, as valid representations of the historical experience

Adam smith · Colonialism · Comparative statics · Economics · Empirical evidence · International trade · Microeconomics · Neoclassical economics · Peasant · Political science · Terms of trade · Theme (computing) · Economic Theory and Policy · Global trade and economics · Law · Political Economy and Marxism

  • Vent for surplus or productivity breakthrough? The G hanaian cocoa take‐off, c. 1890–1936

    Open Access•Gareth Austin•The Economic History Review•2014

  • Origins of the Gold Coast Cocoa Industry

    Open Access•Jan Hogendorn, J S Hogendorn et al.•Itinerario•1982

  • Adam Smith's "Two Distinct Benefits" From Trade

    Reinhard Schumacher•History of Political Economy•2015

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    Polly Hill•Studies in rural capitalism in…•1970

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    Barbara Ingham, Barbara M Ingham•The Journal of Development Studies•1973

  • The Economic History Review

    Open Access•Richard Pares•The Economic History Review•1937

  • The Economics of the Developing Countries

    Richard D Robinson, Hla Myint•The Western Political Quarterly•1966

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    Robert Szereszewski•International Affairs•1966

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    H Myint•The Economic Journal•1958

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    Robert E Baldwin, Richard Baldwin•The Economic Journal•1963

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    P J Drake•The Economic Journal•1972

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    Open Access•Raymond E Dumett, Raymond Dumett•The Journal of African History•1971

  • Institute of British Geographers

    E G Bowen, R W Steel•Geographical Journal•1958

  • The Development of the Transportation Pattern in Ghana

    W B Morgan, Peter R Gould et al.•Geographical Journal•1961

  • Economic Imperialism in West Africa

    Open Access•A G Hopkins•The Economic History Review•1968

  • Hopkins on Economic Imperialism in West Africa

    J F Ade Ajayi, Ralph A Austen•The Economic History Review•1972

  • An Economic History of West Africa

    Patrick Manning, A G Hopkins•Economic History of West Africa•2014

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    Open Access•Polly Hill•Africa•1961

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    Open Access•M J Field•Africa•1943

Unique citing works3
Citations per year0,07
Citation span1982 - 2015 (34)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 3
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