IDEAS home Printed from https://ideas.repec.org/a/oup/cambje/v48y2024i5p889-908..html
   My bibliography  Save this article

Fundamental implications of the neglect of servicisation by development economists

Author

Listed:
  • Adam Fforde

Abstract

The article deploys servicisation as a case study to discuss economists’ methods and the confirmation bias issue. Data show the average pattern of structural transformation in developing countries has since the early 1990s been servicisation, and the faster the growth, the greater the servicisation. Data also show that servicisation has been an extremely under-researched topic compared with industrialisation. This is an example of confirmation bias—weak links between theory and facts—that erodes the plausibility of policy advice. The paper analyses methods and their policing, and points to issues to address to reduce risks of confirmation bias by strengthening ‘the power of facts’.

Suggested Citation

  • Adam Fforde, 2024. "Fundamental implications of the neglect of servicisation by development economists," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 48(5), pages 889-908.
  • Handle: RePEc:oup:cambje:v:48:y:2024:i:5:p:889-908.
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1093/cje/beae023
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    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:oup:cambje:v:48:y:2024:i:5:p:889-908.. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Oxford University Press (email available below). General contact details of provider: https://academic.oup.com/cje .

    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.