Please use this identifier to cite or link to this item: http://hdl.handle.net/10625/44670
Title: Capacities and feedbacks : the development problem from a complex systems approach
Authors: Erbes, Analía
Robert, Verónica
Yoguel, Gabriel
Keywords: ECONOMIC DEVELOPMENT
COMPLEXITY
SELF-ORGANIZATION
ABSORPTION
CONNECTIVITY CAPACITIES
ECONOMIC ANALYSIS
NEW TECHNOLOGY
ADAPTATION TO CHANGE
ORGANIZATIONAL CHANGE
INDUSTRIAL PRODUCTIVITY
ARGENTINA
Date: 2008
Publisher: Instituto de Industria, Universidad Nacional de General Sarmiento (UNGS), Los Polvorines, Buenos Aires, AR
Abstract: This paper is based on an application of the complex systems approach to economics with the objective of exploring the micro, meso and macroeconomic mechanisms of development. The complex systems approach makes it possible to tackle the problem of evolution and economic development under conditions of temporal and structural irreversibility, path dependence, feedback, externalities and radical uncertainty. This study emphasizes the relevance of feedback effects between the absorption and connectivity capacities and its relationship with processes of structural change, creative destruction and appropriation of quasi-rents in a context of intentional behavior of heterogeneous agents. It shows that capacities and processes interact according to two complex systems properties: self-organization and adaptation, which account for economic development. The paper presents some empirical evidence on the relationship between absorption and connectivity capacities in firms in Argentina. Finally some policy issues derived from the analytical approach of complex systems are shown.
Address: http://idl-bnc.idrc.ca/dspace/handle/10625/44637
Project Number: 102497
Project Title: Knowledge Economy Call for Proposals (Latin American and Caribbean)
Access: IDRC Only
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