IDEAS home Printed from https://ideas.repec.org/a/cpn/umkeip/v6y2010i1p87-100.html
   My bibliography  Save this article

Market versus government in the light of the discussion about path dependence

Author

Listed:
  • Joanna Dzionek-Kozlowska

    (University of Lodz)

Abstract

An initial aim of the article is to specify when path dependency leads to undermining the efficiency of the market. The possibility of lowering the effectiveness of the market allocation mechanism leads towards consideration of reduction of negative consequences of path dependency by government. In such cases the role of the state seems limited, firstly because of the nature of the phenomenon (difficulties with prediction of far-reaching effects of certain solution), and secondly because of the high costs of the system created for monitoring of technological development.

Suggested Citation

  • Joanna Dzionek-Kozlowska, 2010. "Market versus government in the light of the discussion about path dependence," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 6(1), pages 87-100, December.
    • Handle: RePEc:cpn:umkeip:v:6:y:2010:i:1:p:87-100
    DOI: 10.12775/EiP.2010.006
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.12775/EiP.2010.006
    Download Restriction: no
    File URL: https://libkey.io/10.12775/EiP.2010.006?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Puffert, Douglas J., 2002. "Path Dependence in Spatial Networks: The Standardization of Railway Track Gauge," Explorations in Economic History, Elsevier, vol. 39(3), pages 282-314, July.
    2. Arthur, W Brian, 1989. "Competing Technologies, Increasing Returns, and Lock-In by Historical Events," Economic Journal, Royal Economic Society, vol. 99(394), pages 116-131, March.
    3. Paul David, 1997. "Path Dependence and the Quest for Historical Economics: One More chorus of Ballad of QWERTY," Oxford Economic and Social History Working Papers _020, University of Oxford, Department of Economics.
    4. Gartland, Myles P., 2005. "Interdisciplinary views of sub-optimal outcomes: Path dependence in the social and management sciences," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 34(5), pages 686-702, October.
    5. Liebowitz, S J & Margolis, Stephen E, 1990. "The Fable of the Keys," Journal of Law and Economics, University of Chicago Press, vol. 33(1), pages 1-25, April.
    6. Liebowitz, S J & Margolis, Stephen E, 1995. "Path Dependence, Lock-in, and History," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 11(1), pages 205-226, April.
    7. David, Paul A, 1985. "Clio and the Economics of QWERTY," American Economic Review, American Economic Association, vol. 75(2), pages 332-337, May.
    8. Oliver E. Williamson, 1993. "Contested Exchange versus the Governance of Contractual Relations," Journal of Economic Perspectives, American Economic Association, vol. 7(1), pages 103-108, Winter.
    9. Paul A. David, 1997. "Path Dependence and the Quest for Historical Economics: One More chorus of Ballad of QWERTY," Oxford University Economic and Social History Series _020, Economics Group, Nuffield College, University of Oxford.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Steven N. Durlauf, 2005. "Complexity and Empirical Economics," Economic Journal, Royal Economic Society, vol. 115(504), pages 225-243, June.
    2. Francisco J. Santos-Arteaga & Debora Di Caprio & Madjid Tavana & Aidan O'Connor, 2017. "Formalising The Demand For Technological Innovations: Rational Herds, Market Frictions And Network Effects," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 21(02), pages 1-43, February.
    3. Roberta Patalano, 2007. "Mind-Dependence. The Past in the Grip of the Present," Journal of Bioeconomics, Springer, vol. 9(2), pages 85-107, August.
    4. Timothy J. Foxon, 2014. "Technological lock-in and the role of innovation," Chapters, in: Giles Atkinson & Simon Dietz & Eric Neumayer & Matthew Agarwala (ed.), Handbook of Sustainable Development, chapter 20, pages 304-316, Edward Elgar Publishing.
    5. Marechal, Kevin, 2007. "The economics of climate change and the change of climate in economics," Energy Policy, Elsevier, vol. 35(10), pages 5181-5194, October.
    6. Andrea Bonaccorsi & Paola Giuri, 2003. "Increasing Returns and Network Structure in the Evolutionary Dynamics of Industries," Chapters, in: Pier Paolo Saviotti (ed.), Applied Evolutionary Economics, chapter 3, Edward Elgar Publishing.
    7. Roberta Patalano, 2007. "Mind-dependence. The past in the grip of the present," Discussion Papers 1_2007, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy.
    8. Calcei Didier, 2000. "Winners, Losers and Microsoft. Competition and Antitrust in High Technology: Stan J. Liebowitz & Stephen E. Margolis," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 10(1), pages 197-206, March.
    9. Vialle, Pierre & Song, Junjie & Zhang, Jian, 2012. "Competing with dominant global standards in a catching-up context. The case of mobile standards in China," Telecommunications Policy, Elsevier, vol. 36(10), pages 832-846.
    10. Foxon, Timothy J. & Pearson, Peter J.G. & Arapostathis, Stathis & Carlsson-Hyslop, Anna & Thornton, Judith, 2013. "Branching points for transition pathways: assessing responses of actors to challenges on pathways to a low carbon future," Energy Policy, Elsevier, vol. 52(C), pages 146-158.
    11. Bukvić, Rajko, 2016. "Qwerty, Йцукен И Српска Ћирилица: Треба Ли Нам Нови Стандард? [QWERTY, ЙЦУКЕН and Serbian keyboard: do we need new standard?]," MPRA Paper 71031, University Library of Munich, Germany, revised 2016.
    12. Holmes, Thomas J., 1999. "How Industries Migrate When Agglomeration Economies Are Important," Journal of Urban Economics, Elsevier, vol. 45(2), pages 240-263, March.
    13. Konnola, Totti & Unruh, Gregory C. & Carrillo-Hermosilla, Javier, 2006. "Prospective voluntary agreements for escaping techno-institutional lock-in," Ecological Economics, Elsevier, vol. 57(2), pages 239-252, May.
    14. Puffert, Douglas J., 2002. "Path Dependence in Spatial Networks: The Standardization of Railway Track Gauge," Explorations in Economic History, Elsevier, vol. 39(3), pages 282-314, July.
    15. Khalil, Elias L., 2013. "Lock-in institutions and efficiency," Journal of Economic Behavior & Organization, Elsevier, vol. 88(C), pages 27-36.
    16. Jaffe, Adam B. & Newell, Richard G. & Stavins, Robert N., 2003. "Chapter 11 Technological change and the environment," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 1, chapter 11, pages 461-516, Elsevier.
    17. Christopher Spencer & Paul Temple, 2016. "Standards, learning, and growth in Britain, 1901–2009," Economic History Review, Economic History Society, vol. 69(2), pages 627-652, May.
    18. Ruttan, Vernon W., 1996. "Sources Of Technical Change: Induced Innovation, Evolutionary Theory And Path Dependence," Bulletins 12974, University of Minnesota, Economic Development Center.
    19. Jean‐Philippe Vergne & Rodolphe Durand, 2010. "The Missing Link Between the Theory and Empirics of Path Dependence: Conceptual Clarification, Testability Issue, and Methodological Implications," Journal of Management Studies, Wiley Blackwell, vol. 47(4), pages 736-759, June.
    20. Pasquale Lubello, 2022. "Probit 9 in international trade: another case of institutional path dependence," Review of Agricultural, Food and Environmental Studies, Springer, vol. 103(2), pages 97-116, June.

    More about this item

    Keywords

    market failure; government failure; economic policy; path dependency;
    All these keywords.

    JEL classification:

    • A - General Economics and Teaching

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cpn:umkeip:v:6:y:2010:i:1:p:87-100. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Miroslawa Buczynska (email available below). General contact details of provider: http://www.wydawnictwoumk.pl .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.