Changing varieties of capitalism and revealed comparative advantages from 1990 to 2005: A test of the Hall and Soskice claims

Socio-Economic Review

Volumn 10, Issue 4, 2012, Pages 731-753

  Schneider, Martin R ^a   Paunescu, Mihai ^b  

^a UNIVERSITY OF PADERBORN   (Germany)

^b SAS   (Austria)

Author keywords

Capitalism; Institutional change; Technological change; Trade; Varieties of

Indexed keywords

EID: 84866762782     PISSN: 14751461     EISSN: 1475147X     Source Type: Journal    
DOI: 10.1093/ser/mwr038     Document Type: Article

References (61)

1. Aguilera, R. V. and Dabu, A. (2005) 'Transformation of Employment Relations Systems in Central and Eastern Europe', Journal of Industrial Relations, 47, 16-42.
2. Akkermans, D., Castaldi, C. and Los, B. (2009) 'Do "Liberal Market Economies" Really Innovate More Radically Than "Coordinated Market Economies"?: Hall and Soskice Reconsidered', Research Policy, 38, 181-191.
3. Albert, M. and Gonenc, R. (1996) 'The Future of Rhenish Capitalism', Political Quarterly, 67, 184-193.
4. Alesina, A., Devleeschauwer, A., Easterly, W., Kurlat, S. and Wacziarg, R. (2003) 'Fractionalization', Journal of Economic Growth, 8, 155-194.
5. Allen, M. (2004) 'The Varieties of Capitalism Paradigm: Not Enough Variety?', Socio-Economic Review, 2, 87-108.
6. Allen, M. (2006) The Varieties of Capitalism Paradigm: Explaining Germany's Comparative Advantage?', Basingstoke, Palgrave Macmillan.
7. Allen, M., Funk, L. and Tüselmann, H. (2006) 'Can Variation in Public Policies Account for Differences in Comparative Advantage?', Journal of Public Policy, 26, 1-19.
8. Amable, B. (2003) The Diversity of Modern Capitalism, Oxford, Oxford University Press.
9. Amable, B. and Palombarini, S. (2009) 'A Neorealist Approach to Institutional Change and the Diversity of Capitalism', Socio-Economic Review, 7, 123-143.
10. Balassa, B. (1965) 'Trade Liberalization and "Revealed" Comparative Advantage', The Manchester School of Economic and Social Studies, 33, 99-123.
11. Bluhm, K. and Martens, B. (2009) 'Recomposed Institutions: Smaller Firms' Strategies, Shareholder-Value Orientation and Bank Relationships in Germany', Socio-Economic Review, 7, 585-604.
12. Blyth, M. (2001) 'The Transformation of the Swedish Model: Economic Ideas, Distributional Conflict, and Institutional Change', World Politics, 54, 1-26.
13. Boyer, R. (2004) 'New Growth Regimes, but Still Institutional Diversity', Socio-Economic Review, 2, 1-32.
14. Boyer, R. (2006) 'How Do Institutions Cohere and Change? The Institutional Complementarity Hypothesis and Its Extension'. In Wood, G. and James, P. (eds) Institutions, Production, and Working Life, Oxford, Oxford University Press, pp. 13-61.
15. Busemeyer, M. R. (2009) 'Asset Specificity, Institutional Complementarities and the Variety of Skill Regimes in Coordinated Market Economies', Socio-Economic Review, 7, 375-406.
16. Campbell, J. L. and Hall, J. A. (2009) 'National Identity and the Political Economy of Small States', Review of International Political Economy, 16, 547-572.
17. Campbell, J. L. and Pedersen, O. K. (2007) 'The Varieties of Capitalism and Hybrid Success: Denmark in the Global Economy', Comparative Political Studies, 40, 307-332.
18. Casper, S. (2009) 'Can New Technology Firms Succeed in CoordinatedMarket Economies? A Response to Herrmann and Lange', Socio-Economic Review, 7, 209-215.
19. Casper, S. and Whitley, R. (2004) 'Managing Competences in Entrepreneurial Technology Firms: A Comparative Institutional Analysis of Germany, Sweden and the UK', Research Policy, 33, 89-106.
20. Crouch, C. (2005) 'Models of Capitalism', New Political Economy, 10, 339-456.
21. Deeg, R. (2007) 'Complementarity and Institutional Change in Capitalist Systems', Journal of European Public Policy, 14, 611-630.
22. Esping-Anderson, G. (1990) The ThreeWorlds ofWelfare Capitalism, Princeton, NJ, Princeton University Press.
23. Furman, J. L., Porter, M. E. and Stern, S. (2002) 'The Determinants of National Innovative Capacity', Research Policy, 31, 899-933.
24. Geffen, D. and Kenyon, T. (2006) 'Heinz Capitalism: How Many Varieties Are There? An Empirical Reexamination of Coordination Mechanisms in Advanced Market Economies', Social Science Research Network, accessed at http://ssrn.com/abstract=1005407
25. Glyn, A. (2006) Capitalism Unleashed, Oxford, Oxford University Press.
26. Haake, S. (2002) 'National Business Systems and Industry-Specific Competitiveness', Organization Studies, 23, 711-736.
27. Hall, P. A. (2005) 'Institutional Complementarity: Causes and Effects', Socio-Economic Review, 3, 373-377.
28. Hall, P. A. and Gingerich, D. W. (2004) '"Spielarten des Kapitalismus" und Institutionelle Komplementaritäten in der Makroökonomie: Eine Empirische Analyse', Berliner Journal für Soziologie, 14, 5-32.
29. Hall, P. A. and Gingerich, D. W. (2009) 'Varieties of Capitalism and Institutional Complementarities in the Political Economy: An Empirical Analysis', British Journal of Political Science, 39, 449-482.
30. Hall, P. A. and Soskice, D. (2001) 'An Introduction to Varieties of Capitalism'. In Hall, P. A. and Soskice, D. (eds) Varieties of Capitalism. The Institutional Foundations of Comparative Advantage, Oxford, Oxford University Press, pp. 1-68.
31. Hall, P. A. and Thelen, K. (2009) 'Institutional Change in Varieties of Capitalism', Socio-Economic Review, 7, 7-34.
32. Hancké, B., Rhodes, M. and Thatcher, M. (2007) 'Introduction: Beyond Varieties of Capitalism'. In Hancké, B., Rhodes, M. and Thatcher, M. (eds) Beyond Varieties of Capitalism.
33. Conflict, Contradictions, and Complementarities in the European Economy, Oxford, Oxford University Press, pp. 3-38.
34. Herrmann, A. M. (2008) 'Rethinking the Link between LabourMarket Flexibility and Corporate Competitiveness: A Critique of the Institutionalist Literature', Socio-Economic Review, 6, 637-669.
35. Howell, C. (2003) 'Varieties of Capitalism: And Then There Was One?', Comparative Politics, 36, 103-124.
36. Jackson, G. and Deeg, R. (2008a) 'Comparing Capitalisms: Understanding Institutional Diversity and Its Implications for International Business', Journal of International Business Studies, 39, 540-561.
37. Jackson, G. and Deeg, R. (2008b) 'From Comparing Capitalisms to the Politics of Institutional Change', Review of International Political Economy, 15, 680-709.
38. Jackson, G. and Miyajima, H. (2007) 'Introduction: The Diversity and Change of Corporate Governance in Japan'. In Aoki, M., Jackson, G. and Miyajima, H. (eds) Corporate Governance in Japan. Institutional Change and Organizational Diversity, Oxford, Oxford University Press, pp. 1-50.
39. Kenworthy, L. (2006) 'Institutional Coherence and Macroeconomic Performance', Socio-Economic Review, 4, 69-91.
40. Kogut, B. and Ragin, C. (2006) 'Exploring Complexity When Diversity Is Limited: Institutional Complementarity in Theories of Rule of Law and National Systems Revisited', European Management Review, 3, 44-59.
41. Lange, K. (2009) 'Institutional Embeddedness and the Strategic Leeway of Actors: The Case of the German Therapeutical Biotech Industry', Socio-Economic Review, 7, 181-207.
42. Lehrer, M. (2000) 'The Organizational Choice between Evolutionary and Revolutionary Capability Regimes: Theory and Evidence from European Air Transport', Industrial and Corporate Change, 9, 489-520.
43. Lehrer,M. (2007) 'Organizing Knowledge SpilloversWhen Basic and Applied Research Are Interdependent: German Biotechnology Policy in Historical Perspective', Journal of Technology Transfer, 32, 277-296.
44. Liebmann, D. (2009) Institutional Change in a Varieties of Capitalism Context, München, Mering, Hampp.
45. Lindvall, J. and Sebring, J. (2005) 'Policy Reform and the Decline of Corporatism in Sweden', West European Politics, 28, 1057-1074.
46. Love, J. H. and Roper, S. (2004) 'The Organisation of Innovation: Collaboration, Cooperation and Multifunctional Groups in UK and German Manufacturing', Cambridge Journal of Economics, 28, 379-395.
47. Lundvall, B. A. (2007) 'National Innovation Systems: Analytical Concept and Development Tool', Industry and Innovation, 14, 95-119.
48. Nelson, R. R. (2008) 'What Enables Rapid Economic Progress:What Are the Needed Institutions?', Research Policy, 37, 1-11.
49. OECD. (2005) OECD Technology Scoreboard, Paris, OECD.
50. OECD. (2007) OECD Technology Scoreboard, Paris, OECD.
51. OECD. (multiple years) STAN STructual ANalysis Database, Paris, OECD, accessed at http://www.oecd.org/document/62/0,3746,en_2649_34445_40696318_1_1_1_1,00.html on December 9, 2011.
52. Oliveira, P. M., Roth, A. V. and Ponte, K. M. (2003) 'Cross-Border Mergers and Acquisitions as a Tool to Transfer Knowledge and Foster Competitive Capabilities', International Journal of Technology, Policy and Management, 3, 204-223.
53. Porter, M. E. (1990) The Competitive Advantage of Nations, New York, NY, The Free Press.
54. Ragin, C. C. (2008) Redesigning Social Inquiry: Fuzzy Sets and Beyond, Chicago, IL, University of Chicago Press.
55. Schmidt, V. A. (2003) 'French Capitalism Transformed, Yet Still a Third Variety of Capitalism', Economy and Society, 32, 526-554.
56. Schneider,M. R., Schulze-Bentrop, C. and Paunescu, M. (2010) 'Mapping the Institutional Capital of High-Tech Firms: A Fuzzy-Set Analysis of Capitalist Variety and Export Performance', Journal of International Business Studies, 41, 246-266.
57. Singh, J. (2007) 'Asymmetry of Knowledge Spillovers between MNCs and Host Country Firms', Journal of International Business Studies, 38, 764-786.
58. Soskice, D. (1997) 'German Technology Policy, Innovation, and National Institutional Frameworks', Industry and Innovation, 4, 75-96.
59. Taylor, M. Z. (2004) 'Empirical Evidence against Varieties of Capitalism's Theory of Technological Innovation', International Organization, 58, 601-631.
60. Thelen, K. and Kume, I. (2006) 'Coordination as a Political Problem in Coordinated Market Economies', Governance, 19, 11-42.
61. Whitley, R. (2007) Business Systems and Organizational Capabilities: The Institutional Structuring of Competitive Competences, Oxford, Oxford University Press.