Cambridge Journal of Economics

1977 - 2025

Current editor(s): Jacqui Lagrue

From Cambridge Political Economy Society
Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().

Access Statistics for this journal.
Is something missing from the series or not right? See the RePEc data check for the archive and series.

Volume 42, issue 6, 2018

Introducton to the Special Issue: Towards a production-centred agenda pp. 1495-1504

Antonio Andreoni, Ha-Joon Chang, Sue Konzelmann and Alan Shipman

Smart specialisation strategies and industrial modernisation in European regions—theory and practice1 pp. 1505-1520

Dominique Foray

A place-based developmental regional industrial strategy for sustainable capture of co-created value pp. 1521-1542

David Bailey, Christos Pitelis and Philip R Tomlinson

Industrial districts, district effect and firm size: the Italian evidence pp. 1543-1566

Marco Cucculelli and Dimitri Storai

‘Home-sourcing’ and closer value chains in mature economies: the case of Spanish manufacturing pp. 1567-1584

David Bailey, Carlo Corradini and Lisa De Propris

Multinational enterprises, service outsourcing and regional structural change pp. 1585-1611

Andrea Ascani and Simona Iammarino

The architecture and dynamics of industrial ecosystems: diversification and innovative industrial renewal in Emilia Romagna pp. 1613-1642

Antonio Andreoni

Capabilities and habitat in industrial renewal: the case of UK textiles pp. 1643-1669

Julie Froud, Steven Hayes, Hua Wei and Karel Williams

Learning, unlearning and forgetting processes in industrial districts pp. 1671-1685

Marco Bellandi, Erica Santini and Claudia Vecciolini

Managing technological change for inclusive growth pp. 1687-1695

Frank Pyke

Volume 42, issue 5, 2018

Great Expectations and Final Disillusionment: Keynes, ‘‘My Early Beliefs’’ and the Ultimate Values of Capitalism pp. 1183-1204

Anna Carabelli and Mario Cedrini

The Liquidity of Money pp. 1205-1218

Mark Hayes

An initial ‘Keynesian illness’? Friedman on taxation and the inflationary gap pp. 1219-1237

Enrico Levrero

Wang Anshi’s economic reforms: proto-Keynesian economic policy in Song Dynasty China pp. 1239-1254

Xuan Zhao and Wolfgang Drechsler

Macroeconomic priorities revisited: the behavioural foundations of stabilization policies pp. 1255-1275

Fabio D’Orlando and Francesco Ferrante

Debt cycles, instability and fiscal rules: a Godley–Minsky synthesis pp. 1277-1313

Yannis Dafermos

Financialised internationalisation and structural hierarchies: a mixed-method study of exchange rate determination in emerging economies pp. 1315-1341

Annina Kaltenbrunner

Tailwinds from the East: how has the rising share of imports from emerging markets affected import prices? pp. 1343-1365

John Lewis and Jumana Saleheen

Unproductive accumulation in the USA: a new analytical framework pp. 1367-1392

Tomás N Rotta

The effects of financialization on investment: evidence from firm-level data for the UK pp. 1393-1416

Daniele Tori and Ozlem Onaran

Job Seeker’s Allowance (JSA) benefit sanctions and labour market outcomes in Britain, 2001–2014 pp. 1417-1434

Martin Taulbut, Daniel F Mackay and Gerry McCartney

Cornelius Castoriadis on institutions: a proposal for a schema of institutional change pp. 1435-1458

Angelos Vouldis

Decision-making processes and multilayered institutional order: Lionel Robbins’s legacy pp. 1459-1471

Fabio Masini

The convoluted influence of Robbins’s thinking on the emergence of Economics Imperialism pp. 1473-1494

Ignacio Falgueras-Sorauren

Volume 42, issue 4, 2018

Financialisation and the New Swedish Model (Ownership and control in Sweden: strong owners, weak minorities and social control) pp. 875-900

Claes Belfrage and Markus Kallifatides

Northern Ireland’s property market crisis: insights from Minsky’s Financial Instability Hypothesis (Snowball sampling: problems and techniques of chain referral sampling) pp. 901-916

Emer Marie Gallagher, Elaine Ramsey and Derek Bond

A sectoral explanation of per capita income convergence and divergence: estimating Verdoorn’s law for countries at different stages of development (Catch up and convergence: a model of cumulative growth) pp. 917-934

Guilherme Magacho and John S L McCombie

Understanding the shift from micro- to macro-prudential thinking: a discursive network analysis (A theory of systemic risk and design of prudential bank regulation) pp. 935-962

Matthias Thiemann, Mohamed Aldegwy and Edin Ibrocevic

Conflicts in the calculation and use of the price index: the case of France (L’inflation perçue) pp. 963-986

Florence Jany-Catrice

Why derivatives need models: the political economy of derivative valuation models (Derivatives: virtual values and real risks, Theory) pp. 987-1008

Duncan Lindo

The determinants of income inequality in OECD countries (Political partisanship and welfare state reform in advanced industrial societies) pp. 1009-1042

Pasquale Tridico

Unequal exchange and absolute cost advantage: evidence from the trade between Greece and Germany (The local power of some unit root tests for panel data) pp. 1043-1086

Persefoni Tsaliki, Christina Paraskevopoulou and Lefteris Tsoulfidis

Sraffa on taxable income and its implications for fiscal policy (Rescuing the minimum wage as a tool for development in Brazil) pp. 1087-1106

Enrico Levrero

The ‘Fragment on Machines’ as science fiction; or, reading the Grundrisse politically (On the Reproduction of Capitalism: Ideology and Ideological State Apparatuses) pp. 1107-1122

Ben Trott

Treasury view and post-WWI British austerity: Basil Blackett, Otto Niemeyer and Ralph Hawtrey (Why ‘austerity’ failed in Greece: testing the validity of macro-economic models) pp. 1123-1144

Clara Elisabetta Mattei

Unconventional monetary policy ante litteram: Richard Kahn and the monetary policy debate during the works of the Radcliffe Committee (The British attempt to manage long-term interest rates in 1962–1964) pp. 1145-1164

Carlo Cristiano and Paolo Paesani

Debt as Money (Understanding the economics of QWERTY: the necessity of history) pp. 1165-1181

Tony Lawson

Volume 42, issue 3, 2018

Sine praejudicio? Economics and the 2014 Scottish independence referendum (Economics as a moral science, American Economic Review) pp. 597-615

Sheila Dow, Robert McMaster and Andrew Cumbers

Industrial policy and exchange rate scepticism (Open economy models of distribution and growth) pp. 617-632

Luiz Carlos Bresser-Pereira and Fernando Rugitsky

The Economic Commission for Latin America and the Caribbean (ECLAC) was right: scale-free complex networks and core-periphery patterns in world trade (Cincuenta años del pensamiento de la cepal: una reseña) pp. 633-651

Paulo Gala, Jhean Camargo and Elton Freitas

Progressive supply-side economics: an explanation and update of the Rehn-Meidner model (Good jobs versus bad jobs) pp. 653-697

Lennart Erixon

Top income shares and aggregate wealth-income ratio in a two-class corporate economy (Growth and distribution in heterodox models with managers and financiers) pp. 699-728

Soon Ryoo

The drivers of efficient knowledge transfer performance: evidence from British universities (Benchmarking universities’ efficiency indicators in the presence of internal heterogeneity) pp. 729-755

Federica Rossi

Dreaming big? Self-valuations, aspirations, networks and the private-school earnings premium (Career success: the role of teenage career aspirations, ambition value and gender in predicting adult social status and earnings) pp. 757-778

Francis Green, Samantha Parsons, Alice Sullivan and Richard Wiggins

A sectoral net lending perspective on Europe (Fiscal, foreign, and private net borrowing: widely accepted theories don’t closely fit the facts) pp. 779-795

Florentin Glötzl and Armon Rezai

Income polarization in European countries and Europe wide, 2004–2012 (Polarization of the poor: multivariate relative poverty measurement sans frontiers) pp. 797-816

Jinxian Wang, Koen Caminada, Kees Goudswaard and Chen Wang

Sraffa on the degeneration of the notion of cost (The ultimate standard of value) pp. 817-836

Saverio Fratini

A critique of Lawson’s ‘Social positioning and the nature of money’ (A reconsideration of the micro-foundations of money) pp. 837-850

Geoffrey Ingham

The Constitution and Nature of Money (A critique of Lawson’s ‘Social positioning and the nature of money’) pp. 851-873

Tony Lawson

Volume 42, issue 2, 2018

Marshallian Industrial Districts in Italy: the end of a model or adaptation to the global economy? (Banks’ localism and industrial districts) pp. 259-284

Gabi Dei Ottati

History matters: on the mystifying appeal of Bowles and Gintis (Trust and antitrust) pp. 285-308

John H Finch and Robert McMaster

Government policies and financial crises: mitigation, postponement or prevention? (Net fiscal stimulus during the Great Recession) pp. 309-330

Jakob Kapeller, Michael Landesmann, Franz X Mohr and Bernhard Schütz

Wheels within wheels within wheels: the importance of capital inflows in the origin of the Spanish financial crisis (Current Account Patterns and National Real Estate Markets) pp. 331-353

Rafael Fernández and Clara García

The case for reindustrialisation in developing countries: towards the connection between the macroeconomic regime and the industrial policy in Brazil (The economic implications of learning-by-doing) pp. 355-381

André Nassif, Luiz Carlos Bresser-Pereira and Carmem Feijo

The aggregate production function is NOT neoclassical (Econometric tools for analyzing market outcomes) pp. 383-426

Stefano Zambelli

Just another niche in the wall? How specialization is changing the face of mainstream economics (Multidisciplinarity, interdisciplinarity, transdisciplinarity, and the sciences) pp. 427-451

Mario Cedrini and Magda Fontana

Synthesizing the Malthusian and Senian approaches on scarcity: a realist account (Revisiting the entitlement approach to famine: taking a closer look at the supply factor—a critical survey of the literature) pp. 453-476

Adel Daoud

Beyond capital fundamentalism: Harrod, Domar and the history of development economics (Economics of growth) pp. 477-504

Mauro Boianovsky

Adam Smith, natural movement and physics (Adam Smith’s natural prices, the gravitation metaphor, and the purposes of nature) pp. 505-521

Spencer J Pack and Eric Schliesser

What was the message of Friedman’s Presidential Address to the American Economic Association? (Duelling presidential addresses: the Keynesian response to Milton Friedman’s ‘The role of monetary policy’) pp. 523-541

James Forder

Aristotle’s geometrical accounting (Opera omnia—Super ethica: commentum et quaestiones Ps. 1) pp. 543-576

Gerhard Michael Ambrosi

Menger’s Aristotelianism (Carl Menger and Homo Oeconomics: some thoughts on Austrian theory and methodology) pp. 577-594

Karl Mittermaier

Volume 42, issue 1, 2018

The economic problem of a community: ontological reflections inspired by the Socialist Calculation Debate (Il ministro della produzione nello stato collettivista, Giornale degli economisti, 37 (Anno 19)) pp. 1-17

Diogo Lourenço and Mário Graça Moura

A study in development by dispossession (Class relations and the pattern of accumulation in an agrarian economy) pp. 19-31

Amit Bhaduri

Are developing countries catching up? (Aid, growth, and development: have we come full circle) pp. 33-46

Vladimir Popov and K S Jomo

Income distribution and current account imbalances (Notes on capacity utilisation, distribution and accumulation) pp. 47-94

Christian Belabed, Thomas Theobald and Till van Treeck

The global concentration of wealth (Persistence of power, elites, and institutions) pp. 95-115

Thomas Goda

Global liquidity and monetary policy autonomy: an examination of open-economy policy constraints (Rapports entre l’évolution de la balance des paiements et l’évolution de la liquidité interne, pp. 89–113) pp. 117-135

Stefan Angrick

Profitability in India’s Organized Manufacturing Sector: The Role of Technology, Distribution and Demand (The effect of neoliberalism on the fall in the rate of profit in business cycles) pp. 137-153

Deepankar Basu and Debarshi Das

Semi-autonomous household expenditures as the causa causans of postwar US business cycles: the stability and instability of Luxemburg-type external markets (Cycles and trends in US net borrowing flows) pp. 155-175

Brett Fiebiger

When development meets culture: the contribution of Celso Furtado in the 1970s (Celso Furtado’s contributions to structuralism and their relevance today) pp. 177-198

Alexandre Cunha and Gustavo Britto

The ‘theoretical developments initiated by Haberler but named for Pigou’ do not provide sufficient grounds for rejecting ‘Keynes’s key theoretical proposition’ (The missing motivation in macroeconomics) pp. 199-213

Paul Wojick

Environmental law & the limits of markets (Getting to causation in toxic tort cases) pp. 215-230

Jonathan Benson

The place of portfolio management in the Keynesian canon (The role of securities in the optimal allocation of risk–bearing) pp. 231-257

J E Woods