NDLI: Identifying development blocks—a new methodology : Implemented on Swedish industry 1900

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Identifying development blocks—a new methodology : Implemented on Swedish industry 1900–1974

Content Provider	Springer Nature Link
Author	Enflo, Kerstin Kander, Astrid Schön, Lennart
Copyright Year	2007
Abstract	The paper specifies a quantitative methodology for exploring development blocks. The concept of ‘development block’ was a major contribution to the historical analysis of industrial transformation by the late Erik Dahmén, but development blocks have mainly been analyzed by qualitative methods and indirect indicators and not statistically identified. In this paper, development blocks are identified by means of a combination of co-integration analysis and Granger causality. Using these techniques, we are able to identify two partially overlapping development blocks in the Swedish economy, formed around the electricity generating sector: one with metal, metal goods, machinery and railways; and another with pulp and paper, chemicals, and machinery.
Starting Page	57
Ending Page	76
Page Count	20
File Format	PDF
ISSN	09369937
Journal	Journal of Evolutionary Economics
Volume Number	18
Issue Number	1
e-ISSN	14321386
Language	English
Publisher	Springer-Verlag
Publisher Date	2007-10-27
Publisher Place	Berlin, Heidelberg
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Development block Electricity Co-integration Granger causality International Economics Economic Theory Economics general
Content Type	Text
Resource Type	Article
Subject	Economics and Econometrics Business, Management and Accounting

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