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Infrastructural change and secular economic development
National Cheng-Kung University, Tainan, Taiwan.
Jönköping University, Jönköping International Business School, JIBS, Economics.
2008 (English)In: Technological forecasting & social change, ISSN 0040-1625, E-ISSN 1873-5509, Vol. 75, no 6, p. 799-816Article in journal (Refereed) Published
Abstract [en]

Long-term economic development is determined by changes to the infrastructure, especially material and non-material infrastructural networks that link agents in different locations. The infrastructure consists of the slowly changing, collective arena that supports production, exchange, and consumption, such as the built environment, transport networks, and institutions. In the short run the infrastructure can be regarded as fixed. Changes to the infrastructure are under normal conditions small enough to be disregarded by producers and consumers. With the creation of a critical link of a network, there will however be a revolutionary restructuring of the arena. Critical links are here defined as additions to infrastructural networks that create opportunities for new information and transport flows between previously unconnected regions. Such a revolutionary restructuring of infrastructural networks has been called a logistical revolution. Certain institutional pre-conditions are necessary for a logistical revolution, while the creation of a critical link is both a necessary and a sufficient condition. This paper discusses the three logistical revolutions that occurred in the 13th century, around 1600, and in the 19th century, which each had crucial similarities with the current “information revolution.”

Place, publisher, year, edition, pages
2008. Vol. 75, no 6, p. 799-816
Keyword [en]
Infrastructure; Critical link; Institutions; Economic development
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-5474DOI: 10.1016/j.techfore.2007.08.003ISI: 000257838000005Scopus ID: 2-s2.0-45749141636Local ID: IHHEFSISOAI: oai:DiVA.org:hj-5474DiVA, id: diva2:36294
Available from: 2008-03-19 Created: 2008-03-19 Last updated: 2017-12-12Bibliographically approved

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Andersson, Åke E.

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