There is more to national economies than the national economy: extending the Growth Model research programme in comparative political economy

Abstract This article argues that the Growth Model (GM) research programme in comparative political economy has an ontological and methodological bias towards the national level that generates an implicit functionalist-reductionism. This is a problem because GM research is explicitly designed to be a theory that eschews the functionalist-equilibrium New Keynesian assumptions of Varieties of Capitalism theory. To overcome this problem, we make the case that focusing on the city-regional level within a global-systems level analysis allows for a better integration of comparative political economy with international political economy in GM research. In particular, we argue that focusing on where income growth is produced and concentrated within advanced capitalism (cities-regions) allows us to better explain the political consequences of unequal growth from a post-Keynesian GM-perspective.

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Publication Details

Journal
Socio-Economic Review
Published
2025-02-07
DOI
https://doi.org/10.1093/ser/mwaf003
Citations
4
Primary Topic
Social Policy and Reform Studies
Type
article
Field-Weighted Citation Impact
34.09
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article

There is more to national economies than the national economy: extending the Growth Model research programme in comparative political economy

Aidan Regan, Mark Blyth
4 citations
Socio-Economic Review
Social Policy and Reform Studies
34.09
article

There is more to national economies than the national economy: extending the Growth Model research programme in comparative political economy

Aidan Regan, Mark Blyth
article en
4 citations

Abstract

Abstract This article argues that the Growth Model (GM) research programme in comparative political economy has an ontological and methodological bias towards the national level that generates an implicit functionalist-reductionism. This is a problem because GM research is explicitly designed to be a theory that eschews the functionalist-equilibrium New Keynesian assumptions of Varieties of Capitalism theory. To overcome this problem, we make the case that focusing on the city-regional level within a global-systems level analysis allows for a better integration of comparative political economy with international political economy in GM research. In particular, we argue that focusing on where income growth is produced and concentrated within advanced capitalism (cities-regions) allows us to better explain the political consequences of unequal growth from a post-Keynesian GM-perspective.

Socio-Economic ReviewVol. 23(3)
University College Dublin (IE), Brown University (US)
Openalex Percentile: Top 1%
Social Policy and Reform Studies
34.09
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There is more to national economies than the national economy: extending the Growth Model research programme in comparative political economy — Aidan Regan, Mark Blyth · Socio-Economic Review (2025) | TGRS Research Map | TGRS