nep-hme New Economics Papers
on Heterodox Microeconomics
Issue of 2014‒10‒13
nine papers chosen by
Carlo D’Ippoliti
Università degli Studi di Roma “La Sapienza”

  1. Cross-Hauling in Input-Output Tables: Comments on CHARM By Randall Jackson
  2. Rethinking the Informal Labour from an Evolutionary Point of View By Renginar DAYANGAÇ; Bilge ÖZTÜRK
  3. Economics for Substantive Democracy By Manuel Couret Branco
  4. Marketing as an evolving discipline: emerging paradigms and managerial implications By Joëlle Barthel; Jean-Pierre Baeyens
  5. The Impact of Demographic Change on Infrastructure Use: An Input-Output Approach By Tobias KRONENBERG
  6. Using Input-output Analysis to Estimate the Regional Economic Impact of Universities: a Case Study By Sergio P. Santos; Joao A. Silva
  7. Tax Compliance and Public Goods Provision -- An Agent-based Econophysics Approach By S. Hokamp; G. Seibold
  8. Agent-Based Modeling of Economic Systems: The EURACE Project Experience By Mehmet GENÇER; Bülent ÖZEL

  1. By: Randall Jackson (Regional Research Institute, West Virginia University)
    Abstract: This brief note draws further attention to cross-hauling in regional input-output table estimation, and specifically identifies conceptual issues associated with Kronenberg?s CHARM method for adjusting input-output regionalization methods. Despite the shortcomings of the CHARM approach as it now stands, this is a very important line of research. I believe that progress made on the CHARM method is encouraging, and hope that future work will resolve remaining issues.
    Keywords: Input-output, cross-hauling, CHARM, Regional Economics
    JEL: C67 O18 R15 R1
    Date: 2014–02
  2. By: Renginar DAYANGAÇ; Bilge ÖZTÜRK
  3. By: Manuel Couret Branco (Department of Economics, Universidade de Évora)
    Abstract: What is the scope of economics as a science, what is economics for? Real freedom or what we call substantive democracy has never been an objective of economics. In this perspective freedom, or the lack of it, would not be a purpose of a particular economic system, but at best one of its side effects. In this paper I sustain that economics’ discourse has become one the most substantial contributors to what could be called the erosion of democracy. The first argument used in this case against economics refers to its attempt to be considered a neo-naturalistic science; the second concerns the fact that economics considers democracy contradictory to the expression of its scientific rationality and; the third, that economics crowds out people from decision-making processes by pushing them into the hands of experts. What part should economics be called to play in this search for substantive democracy? This issue is all the more critical that economics has reached the status of a major political fact. Partisan political programs have essentially become economic programs, and economic variables have thereby become major global political issues. One of the ways for economics to contribute to substantive democracy is to propose an alternative discourse to mainstream economics. An economics favorable to substantive democracy should, thereby, be political rather than naturalistic, pluralist rather than monist and, instead of crowding out people from decisions processes, should aim at the co-production of economic knowledge with those concerned by the outcome of economic decisions.
    Keywords: Economic Theory; Political Economy; Democracy; Decision-Making.
    JEL: A13 B40 K00 P16
    Date: 2014
  4. By: Joëlle Barthel; Jean-Pierre Baeyens
    Abstract: Since its beginnings, the marketing discipline has been evolving through different stages and is further developing given the industry challenges such as globalization and technological impacts of the 21st century. Analyzing the attached evolution of consumer behavior and consumption patterns, this paper aims to define how the upcoming years will shape the marketing discipline. After a review of literature, a trend pyramid is established in order to define the most relevant changes from macro environmental, social, emotional and spiritual perspectives. In a two-round Delphi study, seven experts have been interviewed about their personal opinion on marketing evolutions. Finally, the study merges the key insights into four main streams resulting in managerial recommendations for marketers.
    Keywords: periodization of marketing; trend spotting; Delphi method; emerging marketing paradigms
    JEL: M30
    Date: 2014–09–29
  5. By: Tobias KRONENBERG
  6. By: Sergio P. Santos; Joao A. Silva
  7. By: S. Hokamp; G. Seibold
    Abstract: We calculate the dynamics of tax evasion within a multi-agent econophysics model which is adopted from the theory of magnetism and previously has been shown to capture the main characteristics from agent-based based models which build on the standard Allingham and Sandmo approach. In particular, we implement a feedback of public goods provision on the decision-making of selfish agents which aim to pursue their self interest. Our results imply that such a feedback enhances the moral attitude of selfish agents thus reducing the percentage of tax evasion. Two parameters govern the behavior of selfish agents, (i) the rate of adaption to changes in public goods provision and (ii) the threshold of perception of public goods provision. Furtheron we analyze the tax evasion dynamics for different agent co mpositions and under the feedback of public goods provision. We conclude that policymakers may enhance tax compliance behavior via the threshold of perception by means of targeted public relations.
    Date: 2014–09
  8. By: Mehmet GENÇER; Bülent ÖZEL
  9. By: Archana Barua (Indian Institute of Technology, Guwahati, India)
    Abstract: A philosophical perspective on ethics, including issues related to corporate social responsibility, keeps room for a second order discourse on some such practices asking meta ethical questions such as is there a gap between “is” and “ought”, between facts and value, that makes it difficult to bridge the gap between existing corporate behaviour and its aspired ethical goal ? Is there scope for some kind of situated and context dependent variations in this regard that will make ethics more businesslike with its slogan for “Think Global Act Local”? Which way of imbibing social responsibility will bring back more dividends in return ? Is it the Chinese way, the Japanese way, the European way or the Indian way of imbuing value that will ensure that corporate remain humane to some extent? If philanthropy and charity is a dharma in the Indian context, so are silence and meditative thinking, and nature friendliness, virtues in a Chinese or a Japanese context. From such a meta ethical and a philosophical perspective the gap that exists between need for social responsibility in corporate may remain an unresolved issue because a dharmic or a religious or even a culture specific perspective will lead to a fact –value dichotomy to an extent that a holy river like the Ganges will remain a matter of worship but at the same time no one will own responsibility for cleaning its garbage. Taking an alternate stand and looking forward to a business perspective on ethical and social responsibility in corporations, this article will still address first order corporate responsibility issues from a second order meaning perspective, in order to explore if corporations can keep room for sustainable development projecting a ‘stake-holder balanced company’ image for its own, but also raising its brand image as with environment friendly consumer products bringing back more dividends in return, ensuring a lasting bond with its stakeholders and thereby adopting a market centric policy modification in light of its paradigm shift from charity and dependence to empowerment and partnership.
    Date: 2013–09

This nep-hme issue is ©2014 by Carlo D’Ippoliti. It is provided as is without any express or implied warranty. It may be freely redistributed in whole or in part for any purpose. If distributed in part, please include this notice.
General information on the NEP project can be found at For comments please write to the director of NEP, Marco Novarese at <>. Put “NEP” in the subject, otherwise your mail may be rejected.
NEP’s infrastructure is sponsored by the School of Economics and Finance of Massey University in New Zealand.