nep-pke New Economics Papers
on Post Keynesian Economics
Issue of 2006‒09‒30
three papers chosen by
Karl Petrick
University of the West Indies

  1. The Regional Dimension of Knowledge Transfers - A Behavioral Approach By Tom Brökel; Martin Binder
  2. Believing in Economic Theory: Sex, Lies, Evidence, Trust and Ideology By Nathaniel Wilcox
  3. Cuban Exceptionalism Revisited By Bert Hoffmann; Laurence Whitehead

  1. By: Tom Brökel; Martin Binder
    Abstract: Innovations are inherently connected to knowledge transfers. The need of face-to-face contacts to transfer tacit knowledge is commonly argued to cause a regional dimension of innovative activities. The paper presents an alternative explanation based on a model of boundedly rational actors who search for knowledge. It is shown that a regional dimension exists in these processes that results from a regional bias in an actor’s search activities. Social embeddedness, a shared regional identity and limited spatial mobility foster this bias. We argue that insights from research on these topics can help to define the geographic size of a region.
    Keywords: Regional Economics, Innovation, Knowledge Transfers, Tacit Knowledge, Bounded Rationality Length 31 pages
    JEL: B52 D83 O31 R12
    Date: 2006–09
  2. By: Nathaniel Wilcox (Department of Economics, University of Houston)
    Abstract: In many empirical studies, ideology significantly predicts political outcomes, even after controlling for interests. This may reflect ideology’s influence on descriptive beliefs about the workings of the economic world. We investigate these beliefs about supply and demand theory, using survey methods and an experimental demonstration. As expected, relatively liberal respondents have more skeptical ex-ante beliefs (before viewing the experiment) about the theory. Surprisingly, however, relatively conservative respondents update beliefs (after viewing the experiment) so much less strongly that they have more skeptical ex-post beliefs. We explore and discount alternative explanations for these relationships between ideology and beliefs.
    Date: 2004–10
  3. By: Bert Hoffmann (GIGA Institute for Ibero-American Studies); Laurence Whitehead (Nuffield College, Oxford University)
    Abstract: The end of Cuban exceptionalism has been much announced since 1989, but a decade and a half later state socialism on the island is still enduring. Transition studies have been criti-cized for focusing on success stories. Exploring the deviant case of Cuba’s “non-transition” from a comparative social science perspective can shed light on the peculiarities of this case and, more importantly, test the general assumptions underlying post-1989 expecta-tions of regime change in Cuba. Theories of path dependence and cumulative causation are particularly helpful when attempting to link Cuban current political exceptionalism with a more long-term historic perspective. Moreover, they suggest that interpretations of Cuba as simply a “belated” case of “third wave” democratization may prove erroneous, even when the health of Fidel Castro finally falters.
    Keywords: Cuba, comparative politics, exceptionalism, socialism, transition
    Date: 2006–09

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