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100 _aAndersson, David Emanuel
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245 _aPhase transitions as a cause of economic development
260 _bSage,
_c2019.
300 _aVol 51, Issue 3, 2019,( 670-686 p.)
520 _aEconomic development spans centuries and continents. Underlying infrastructural causes of development, such as institutions and networks, are subject to slow but persistent change. Accumulated infrastructural changes eventually become so substantial that they trigger a phase transition. Such transitions disrupt the prior conditions for economic activities and network interdependencies, requiring radically transformed production techniques, organizations and location patterns. The interplay of economic equilibria and structural changes requires a theoretical integration of the slow time scale of infrastructural change and the fast time scale of market equilibration. This paper presents a theory that encompasses both rapidly and slowly changing variables and illustrates how infrequent phase transitions caused four logistical revolutions in Europe over the past millennium.
650 _aInfrastructure,
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650 _adevelopment,
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650 _ainstitutions,
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650 _alogistical revolution,
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650 _aphase transition
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700 _aAndersson, Åke E.
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773 0 _011325
_915507
_dSage, 2019.
_tEnvironmental and planning A: Economy and space
856 _uhttps://doi.org/10.1177/0308518X18803112
942 _2ddc
_cART