Increasing Returns and Economic Progress
Bibliographic Data
| ID | 9703917 |
|---|---|
| Authors | Allyn A Young (corresponding author) |
| Year | 1928 |
| Volume | 38 |
| Issue | 152 |
| Pages | 527 |
| Publication date | 1928-12-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.2307/2224097 |
| OpenAlex | W1899786413 |
| Language | EN |
| Citations received | 254 |
My subject may appear alarmingly formidable, but I did not intend it to be so. The words economic progress, taken by themselves, would suggest the pursuit of some philosophy of history, of some way of appraising the results of past and possible future changes in forms of economic organisation and modes of economic activities. But as I have used them, joined to the other half of my title, they are meant merely to dispel apprehensions, by suggesting that I do not propose to discuss any of those alluring but highly technical questions relating to the precise way in which some sort of equilibrium of supply and demand is achieved in the market for the products of industries which can increase their output without increasing their costs proportionately, or to the possible advantages of fostering the development of such industries while putting a handicap upon industries whose output can be increased only at the expense of a more than proportionate increase of costs. I suspect, indeed, that the apparatus which economists have built up for dealing effectively with the range of questions to which I have just referred may stand in the way of a clear view of the more general or elementary aspects of the phenomena of increasing returns, such as I wish to comment upon in this paper
Economics · Economic theories and models · Economic Theory and Institutions · Economic Theory and Policy
A Synthesis of Current Approaches to Traps Is Useful But Needs Rethinking for Indigenous Disadvantage and Poverty Research
Macroeconomics, History of up to 1933
Innovation and Economic Growth
Division of Labor
The Grip of History and the Scope for Novelty
Against Intellectual Monopoly
Knowledge and Competitive Advantage
Financial development and international trade
Continental, national and sub-national innovation systems—complementarity and economic growth
Chapter 5 Poverty Traps
The politics and policy of energy system transformation—explaining the German diffusion of renewable energy technology
The Vanishing Hand
The Machine in Adam Smith’s Economic and Wider Thought
Marx on division of labour, mechanization and technical progress
‘Universal opulence’
Adam Smith on Growth and Economic Development
The specificity of manufacturing in Marx's economic thought
Producer Services and Flexible Production
Role of Creative Industries as a Regional Growth Factor
Adam Smith, Allyn Young, and the Division of Labor
Adam Smith and Malthus on high wages
Social Surplus Approach and Heterodox Economics
Resiliencia y vulnerabilidad económicas durante el coronavirus
One hundred years of Dutch disease in Macondo
Digital technology and service tradability
The transformation of media economy paradigm based on time value and decentralization
Concentración de la riqueza y pandemia
Just Returns from Capitalist Production
A Universally Translatable Explication of Adam Smith’s Famous Proposition on “The Extent of the Market”
Altering the Pattern of Trade in the Wealth of Nations
The Link Between Capital Accumulation and Increasing Wages in an Updated Version of Smith’s Theory of Population
Re-reading Carl Menger’s Grundsätze – another book that “cries out to be surpassed”
Between The Trade Cycle and the Galton Lecture
Regional Productivity Growth in the EU27
Industrial policy and structural transformation
The Geography of Job Tasks
Towards a history of endogenous growth theories
Navigating uncharted waters
“Comment la notion de croissance endogène a-t-elle disparue ?” By Daniel Diatkine
The geography of Covid‐19 and the structure of local economies
Generative models of scale-invariant systems of cities
Currie's ‘leading sector’ strategy of growth
Deindustrialisation and the social and economic sustainability nexus in developing countries
Scale of production and choice of technique in the engineering industries in developing countries
Global Value Chains and Local Inter-Industry Linkages
The economics of poverty traps and persistent poverty
Beşerî Sermayenin Ekonomik Büyümeye Etkisi
Houve redução do impacto da indústria na economia brasileira no período 1996-2009? Uma análise das matrizes insumo-produto
Industrial policy for prematurely deindustrialized economies in the twenty-first century
How Is Economic Growth Impacted by the Neighbours and the Past? Can Tourism Be an Alternative Engine of Economic Growth
The Impact of the 2008–2009 Crisis on Commodity‐dependent Low‐income African Countries
Impact of Agricultural Division of Labor on Fertilizer Reduction Application
Simulating Social and Economic Specialization in Small-Scale Agricultural Societies
The impact of increasing returns on knowledge and big data
Globalisation and Strategic Trade Policy
An in-depth review on the concept of digital farming
The Medieval Origins of Smithian Growth
Structural Change and Development in India
Growth and income distribution in India
A Synoptic View of Regional Growth and Unemployment
Inter-temporal differences in regional development
Gender, population dynamics, and growth
Firm size, export intensity, and technological capabilities in Sri Lankan manufacturing firms
External Economies in Trade and Development
Lauchlin Currie and Albert O. Hirschman on Development as a Problem of Decision Making
Monnaie, crédit et inflation
Economic Paradigm and Demand-Side Populist Policies in Thailand
Okun vs. Verdoorn
Structural change and productivity growth
Malthus and Three Approaches to Solving the Population Problem
Evolutionary agglomeration theory
Technological spillovers from multinational presence
World population stabilisation through Smithian increasing returns to labour
Endogenous Growth Theory
Explaining technological catch-up in Asia
Expansion and slowdown in Southeast Asian electronics manufacturing
Garment manufacturing in Cambodia and Laos
Industrialization and labour in Malaysia
Drivers of export competitiveness
Industrializing Southeast Asia
Globalization, industrialization and labour markets
Endogenous Growth, Population Dynamics, and Economic Structure
Growth Pole Theory, Technological Change, and Regional Economic Growth
Agglomeration of knowledge intensive business services and urban productivity
Growth pole theory, technological change, and regional economic growth
Is Manufacturing an Engine of Growth in India in the Post-Nineties
The Resurgence of Regional Economies, Ten Years Later
Conflict, cooperation and change
Varieties of capitalism and varieties of economic theory
The Political Economy of WTO with Special Reference to Nama Negotiations
Climate Change, Innovation, and Economic Growth
Allyn Young on Henry George and the Single Tax
The role of pecuniary external economies and economies of scale in the theory of increasing returns
Non-constant Returns, Pareto Optimality and Competitive Equilibrium
The Organizational Approach of Capability Theory
Reconciling Supply and Demand
Theories of the Firm and the Relationship between Different Perspectives on the Division of Labour
Kaldor 3.0
Pecuniary External Economies, Economies of Scale and Increasing Returns
Does Mill's case for infant industry protection capture Hamilton's and List's arguments for promoting industrial development
| Unique citing works | 254 |
|---|---|
| Citations per year | 3,17 |
| Citation span | 1946 - 2026 (81) |
| Citation velocity | current |
| Highly cited | Yes |
| Citation types | Neutral: 253 |