Which Variety of Measure and Test are Best to Assess the 'Varieties of Capitalism' Framework?
Year: 2005
Author: Allen, Matthew
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 125 (2005), Iss. 2 : pp. 315–322
Abstract
The recent article by Paunescu and Schneider (2004) is to be warmly welcomed as one of the first systematic appraisals of the 'Varieties of Capitalism' (VoC) framework. This short article offers two suggestions for further tests of the VoC paradigm that they may carry out in the future. First, any measure of comparative advantage used should be based on export data alone, the primary reason being that the conceptual and empirical work conducted so far in the VoC framework places greater emphasis on export data than on net export data (the measure used by Paunescu and Schneider). Second, future studies should test VoC arguments based on the concept of necessity, which underlies many of the arguments espoused within the VoC paradigm. The conventional statistical techniques used by Paunescu and Schneider, however, conflate sufficiency and necessity.
Journal Article Details
Publisher Name: Global Science Press
Language: Multiple languages
DOI: https://doi.org/10.3790/schm.125.2.315
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 125 (2005), Iss. 2 : pp. 315–322
Published online: 2005-02
AMS Subject Headings: Duncker & Humblot
Copyright: COPYRIGHT: © Global Science Press
Pages: 8
Author Details
Allen, Matthew Email
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Mapping the institutional capital of high-tech firms: A fuzzy-set analysis of capitalist variety and export performance
Schneider, Martin R
Schulze-Bentrop, Conrad
Paunescu, Mihai
Journal of International Business Studies, Vol. 41 (2010), Iss. 2 P.246
https://doi.org/10.1057/jibs.2009.36 [Citations: 416]