Publicação
Revisiting a macroeconomic controversy: the case of the multiplier–accelerator effect
| Resumo: | This paper presents the bibliometrics of a Keynesian and neoclassical discussion about the multiplier–accelerator effect. Having its oldest roots in the 1930s, there was a special emphasis in the 1960s and 1970s on discussions regarding the dependence of current investment on economic growth (the accelerator effect). Through a bibliometric analysis, we also consider the Hicks–Samuelson contribution, also known as the multiplier–accelerator model. We identified, among other things, the most relevant authors on the topics, the economic areas that have been contributed to the most through keyword analysis, and the most notable contributions through citation analysis. We concluded that several areas in economics have taken advantage of the discussion around the multiplier–accelerator effect, especially the discussion on the business cycle, structural dynamics, and public finance. |
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| Autores principais: | Mourão, Paulo |
| Outros Autores: | Popescu, Irina Alina |
| Assunto: | Multiplier–accelerator Accelerator–multiplier Bibliometric analysis |
| Ano: | 2022 |
| País: | Portugal |
| Tipo de documento: | artigo |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade do Minho |
| Idioma: | inglês |
| Origem: | RepositóriUM - Universidade do Minho |
| Resumo: | This paper presents the bibliometrics of a Keynesian and neoclassical discussion about the multiplier–accelerator effect. Having its oldest roots in the 1930s, there was a special emphasis in the 1960s and 1970s on discussions regarding the dependence of current investment on economic growth (the accelerator effect). Through a bibliometric analysis, we also consider the Hicks–Samuelson contribution, also known as the multiplier–accelerator model. We identified, among other things, the most relevant authors on the topics, the economic areas that have been contributed to the most through keyword analysis, and the most notable contributions through citation analysis. We concluded that several areas in economics have taken advantage of the discussion around the multiplier–accelerator effect, especially the discussion on the business cycle, structural dynamics, and public finance. |
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