Buchbeitrag
Cumulative Causation
Cumulative causation arises when a process is self-reinforcing and grows ever stronger, so that it does not equilibrate. It will continue indefinitely unless it is checked by outside intervention or leads to a crisis and systemic breakdown. Ideas of cumulative causation have numerous applications in economics and other social sciences, investigated by authors such as Nicholas Kaldor, Gunnar Myrdal and Albert Hirschman. In human geography, cumulative processes have particular relevance for inequalities between rich and poor regions, implying that without intervention the gaps will widen. This article discusses the nature of cumulative causation, examines its general features, and assesses its geographical consequences at national and global levels.
- Language
-
Englisch
- Classification
-
Wirtschaft
Economic Methodology
Current Heterodox Approaches: General
Economic Development: General
Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
Regional Development Planning and Policy
- Subject
-
increasing returns
vicious and virtuous circles
disequilibrium
Matthew effect
unequal development
regional policies
- Event
-
Geistige Schöpfung
- (who)
-
Jackson, William A.
- Event
-
Veröffentlichung
- (who)
-
Elsevier
ZBW – Leibniz Information Centre for Economics
- (where)
-
Amsterdam
- (when)
-
2020
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Buchbeitrag
Associated
- Jackson, William A.
- Elsevier
- ZBW – Leibniz Information Centre for Economics
Time of origin
- 2020
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