Main Currents in Cumulative Causation

This is a study of the theory of circular and cumulative causation. This theory is concerned with the general dynamics of growth and development in advanced industrial economies and developing nations. The book features a detailed analysis of the theory's core concepts, including increasing returns, external economies, complementarity in production and consumption, and technological change. It also provides a detailed account of the historical development of the concept and identifies and assesses the major contributions of the chief figures in this tradition.