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[Selections by Humberto Barreto for SHOE list.]

nep-hpe <http://nep.repec.org/nep-hpe.html> New Economics Papers
<http://nep.repec.org/> on History and Philosophy of Economics

Issue of 2022‒05‒30
papers chosen by
Erik Thomson <http://econpapers.repec.org/RAS/pth72.htm>
University of Manitoba <http://umanitoba.ca/>
------------------------------

1. Milton Friedman’s Empirical Approach to Economics. Searching for
Scientific Authority while Shaping the University of Chicago Economics
Department <https://mail.google.com/mail/u/0/#m_5165397655942019942_p1>
By Espinel, Camila Orozco
<http://econpapers.repec.org/scripts/search.pf?aus=Espinel,%20Camila%20Orozco>
2. Towards a “Text as Data” Approach in the History of Economics: An
Application to Adam Smith’s Classics
<https://mail.google.com/mail/u/0/#m_5165397655942019942_p2> By Ballandonne,
Matthieu
<http://econpapers.repec.org/scripts/search.pf?aus=Ballandonne,%20Matthieu>
; Cersosimo, Igor
<http://econpapers.repec.org/scripts/search.pf?aus=Cersosimo,%20Igor>
3. Adam Smith and the Wealth-Worshipping Spectator
<https://mail.google.com/mail/u/0/#m_5165397655942019942_p3> By Elazar,
Yiftah
<http://econpapers.repec.org/scripts/search.pf?aus=Elazar,%20Yiftah>
4. Rareness in the intellectual origins of Walras’ theory of value
<https://mail.google.com/mail/u/0/#m_5165397655942019942_p4> By
Cervera-Ferri,
Pablo
<http://econpapers.repec.org/scripts/search.pf?aus=Cervera-Ferri,%20Pablo>
; Insa-Sánchez, Pau
<http://econpapers.repec.org/scripts/search.pf?aus=Insa-S%C3%A1nchez,%20Pau>
5. Does Friendship Stem from Altruism? Adam Smith and the Distinction
between Love-based and Interest-based Preferences
<https://mail.google.com/mail/u/0/#m_5165397655942019942_p5> By Khalil,
Elias <http://econpapers.repec.org/scripts/search.pf?aus=Khalil,%20Elias>
6. The Conceptual Resilience of the Atomistic Individual in Mainstream
Economic Rationality
<https://mail.google.com/mail/u/0/#m_5165397655942019942_p6> By Drakopoulos,
Stavros A.
<http://econpapers.repec.org/scripts/search.pf?aus=Drakopoulos,%20Stavros%20A.>
7. The Birth of Homo Œconomicus: The methodological debate on the
economic agent from J.S. Mill to V. Pareto
<https://mail.google.com/mail/u/0/#m_5165397655942019942_p7> By
Desmarais-Tremblay,
Maxime
<http://econpapers.repec.org/scripts/search.pf?aus=Desmarais-Tremblay,%20Maxime>
; Bee, Michele
<http://econpapers.repec.org/scripts/search.pf?aus=Bee,%20Michele>
8. The “Social Value” Debate: An Early Chapter in the History of
American Marginalism
<https://mail.google.com/mail/u/0/#m_5165397655942019942_p8> By Fiorito,
Luca <http://econpapers.repec.org/scripts/search.pf?aus=Fiorito,%20Luca>
9. Between fairness and efficiency: testing Wilson’s theory of public
administration
<https://mail.google.com/mail/u/0/#m_5165397655942019942_p9> By Agulhon,
Sophie
<http://econpapers.repec.org/scripts/search.pf?aus=Agulhon,%20Sophie>;
Mueller,
Thomas Michael
<http://econpapers.repec.org/scripts/search.pf?aus=Mueller,%20Thomas%20Michael>
10. Nudging To Prohibition? A Reassessment of Irving Firsher’s Economics
of Prohibition in Light of Modern Behavioral Economics
<https://mail.google.com/mail/u/0/#m_5165397655942019942_p10> By Curott,
Nicholas A.
<http://econpapers.repec.org/scripts/search.pf?aus=Curott,%20Nicholas%20A.>
; Snow, Nicholas A.
<http://econpapers.repec.org/scripts/search.pf?aus=Snow,%20Nicholas%20A.>
11. Economic theory, reformism, and the emergence of economic rights:
models of identification and dissociation in the European corporations of
trades during the “long” eighteenth century
<https://mail.google.com/mail/u/0/#m_5165397655942019942_p11> By Gonzálvez,
Francisco Jorge Rodríguez
<http://econpapers.repec.org/scripts/search.pf?aus=Gonz%C3%A1lvez,%20Francisco%20Jorge%20Rodr%C3%ADguez>
12. Altruism Begets Altruism
<https://mail.google.com/mail/u/0/#m_5165397655942019942_p12> By Stephanie
A. Heger
<http://econpapers.repec.org/scripts/search.pf?aus=Stephanie%20A.%20Heger>
; Robert Slonim
<http://econpapers.repec.org/scripts/search.pf?aus=Robert%20Slonim>
13. Some notes on Ricardo's analysis of the convergence process of the
market rate of interest to the natural rate
<https://mail.google.com/mail/u/0/#m_5165397655942019942_p13> By Ciccone,
Michele
<http://econpapers.repec.org/scripts/search.pf?aus=Ciccone,%20Michele>
14. Cassel, Ohlin, Åkerman and the Wall Street Crash of 1929
<https://mail.google.com/mail/u/0/#m_5165397655942019942_p14> By Carlson,
Benny
<http://econpapers.repec.org/scripts/search.pf?aus=Carlson,%20Benny>
15. The Ascent of Geopolitics: Scientometric Analysis and Ramifications
of Geopolitical Risk
<https://mail.google.com/mail/u/0/#m_5165397655942019942_p16> By Ahmet
Faruk Aysan
<http://econpapers.repec.org/scripts/search.pf?aus=Ahmet%20Faruk%20Aysan>
; Ali Polat
<http://econpapers.repec.org/scripts/search.pf?aus=Ali%20Polat>; Hasan
Tekin <http://econpapers.repec.org/scripts/search.pf?aus=Hasan%20Tekin>;
Ahmet
Tunalı
<http://econpapers.repec.org/scripts/search.pf?aus=Ahmet%20Tunal%C4%B1>

------------------------------

1. Milton Friedman’s Empirical Approach to Economics. Searching for
Scientific Authority while Shaping the University of Chicago Economics
Department <http://econpapers.repec.org/RePEc:osf:osfxxx:yab86>
By: Espinel, Camila Orozco
<http://econpapers.repec.org/scripts/search.pf?aus=Espinel,%20Camila%20Orozco>
Abstract: Milton Friedman is usually presented as an economist
characterized by his empirical approach to economics. His binary
classification of economics into positive means and normative ends relies
on the empirical content of predictions. Throughout his career, he used
extensive, data-based statistical techniques. While important scholarly
attention has been devoted to Friedman’s academic and political
trajectories, his methodological prescriptions, and the development of
economics at the University of Chicago, we know much less about the
interplay of these elements. This paper proposes an intertwined reading of
them. My aim is threefold. First, to understand Friedman’s work and
methodological choices, I relate his empirical approach to his early
training in statistics. Second, I articulate Friedman’s understanding of
economics as an empirical policy science to the process of building the
image of economists as neutral advisers in the policymaking process. Third,
I claim that Friedman’s empirical methodological framework, developed while
in the Economics Department of the University of Chicago, established the
guidelines for an institutional long-term project that shaped it.
Date: 2022–04–09
URL: http://d.repec.org/n?u=RePEc:osf:osfxxx:yab86&r=
2. Towards a “Text as Data” Approach in the History of Economics: An
Application to Adam Smith’s Classics
<http://econpapers.repec.org/RePEc:osf:osfxxx:mg3zb>
By: Ballandonne, Matthieu
<http://econpapers.repec.org/scripts/search.pf?aus=Ballandonne,%20Matthieu>
; Cersosimo, Igor
<http://econpapers.repec.org/scripts/search.pf?aus=Cersosimo,%20Igor>
Abstract: Quantitative techniques have received increasing attention in
the history and methodology of economics. Nonetheless, a “text as data”
approach has mostly been overlooked and its applicability to the history of
economics remains to be examined. To understand what we gain from such
quantitative techniques in relation to existing historical analyses, we
apply some “text as data” techniques to Adam Smith’s The Theory of Moral
Sentiments and The Wealth of Nations. We explore the books’ topics, styles,
and sentiments. We show how word frequency analysis can be used to examine
the differences between the books, shed light on conceptual discussions and
reveal an important stylistic aspect, specifically Smith’s use of personal
pronouns. Style analysis shows the similarities and differences in terms of
lexical richness and readability between the two books. Finally, we show
the limitations of a third technique, sentiment analysis, when applied to
historical economic texts.
Date: 2022–04–09
URL: http://d.repec.org/n?u=RePEc:osf:osfxxx:mg3zb&r=
3. Adam Smith and the Wealth-Worshipping Spectator
<http://econpapers.repec.org/RePEc:osf:osfxxx:j5pt6>
By: Elazar, Yiftah
<http://econpapers.repec.org/scripts/search.pf?aus=Elazar,%20Yiftah>
Abstract: What explains the ambition to get rich? Adam Smith is clear
that commercial ambition, the passionate desire for great wealth, is not
simply a desire to satisfy one’s material needs. His argument on what
underlies it, however, is not obvious. I review three possibilities
suggested by Smith’s work and the scholarly literature – vanity, the love
of system, and the desire for tranquility – and conclude that none of them
captures the underlying motive of commercial ambition. Instead, I argue
that Smith understands commercial ambition as a misguided desire for
excellence. Ambitious pursuers of wealth are driven by the desire to
deserve and to enjoy recognition for their excellence, but their judgment
of what is truly excellent is corrupted by the standards of a
wealth-worshipping society. Instead of appealing to the moral standpoint of
the impartial spectator, they construct in their minds and follow a
corruptive moral guide: the wealth-worshipping spectator.
Date: 2022–04–09
URL: http://d.repec.org/n?u=RePEc:osf:osfxxx:j5pt6&r=
4. Rareness in the intellectual origins of Walras’ theory of value
<http://econpapers.repec.org/RePEc:osf:osfxxx:5nwcb>
By: Cervera-Ferri, Pablo
<http://econpapers.repec.org/scripts/search.pf?aus=Cervera-Ferri,%20Pablo>
; Insa-Sánchez, Pau
<http://econpapers.repec.org/scripts/search.pf?aus=Insa-S%C3%A1nchez,%20Pau>
Abstract: Historians of economic thought have carried out detailed
studies of classical and marginalist approaches to value based on
production cost and utility respectively, not to mention about the fusion
of both interpretations by the neoclassical school. This is not the case
with rareness value, a theory commonly attributed to Léon Walras, although
Aristotle surely had rareness in mind when he first attempted to explain
chrematistics. This article focuses on how our understanding of rareness
has evolved from the earliest economic formulations to those of Auguste and
Léon Walras, contesting Rothbard’s thesis that there is only one way in
which the transmission of the utility theory of value can be tracked from
scholasticism to the Austrian school. On the contrary, the concept of
rareness continued to figure in some theories of value of the French
Enlightenment, especially those that emerged within Calvinist circles, and
was recovered in times of reaction against the dominant classicism.
Date: 2022–04–09
URL: http://d.repec.org/n?u=RePEc:osf:osfxxx:5nwcb&r=
5. Does Friendship Stem from Altruism? Adam Smith and the Distinction
between Love-based and Interest-based Preferences
<http://econpapers.repec.org/RePEc:osf:osfxxx:ygpmq>
By: Khalil, Elias
<http://econpapers.repec.org/scripts/search.pf?aus=Khalil,%20Elias>
Abstract: Friendship-and-love expresses musings about wellbeing—while
“wellbeing” is the economist’s substantive satisfaction. Insofar as
altruism is about wellbeing, it must differ from friendship-and-love.
However, what is the basis of the difference between substantive
satisfaction and friendship-and-love? The answer can be found in Smith’s
Theory of Moral Sentiments, chapter 2: how “mutual sympathy” differs from
“sympathy.” Smith scholars generally miss the uniqueness of “mutual
sympathy” and, indeed, fold it under Smith’s “sympathy” (and
“empathy”)—with one exception. Robert Sugden highlights the uniqueness of
mutual sympathy. However, he goes to the other end, i.e., folds it under
Smith’s sympathy-and-empathy”. This paper aims to avoid the folding in
either direction. While mutual sympathy originates love-based sociality
(friendship-and-love), sympathy-and-empathy originates interest-based
sociality (wellbeing that includes altruism). This paper concludes that
friendship is neither reducible to altruism nor vice versa. Further, this
paper distinguishes this problem from the question regarding the
socialization of the individual.
Date: 2022–04–09
URL: http://d.repec.org/n?u=RePEc:osf:osfxxx:ygpmq&r=
6. The Conceptual Resilience of the Atomistic Individual in Mainstream
Economic Rationality
<http://econpapers.repec.org/RePEc:pra:mprapa:112944>
By: Drakopoulos, Stavros A.
<http://econpapers.repec.org/scripts/search.pf?aus=Drakopoulos,%20Stavros%20A.>
Abstract: Τhe idea that social influences and social interactions play a
central role on individual economic decisions has had a long presence in
the history of economics. With the emergence of marginalism, this idea went
into background and the concept of atomistic individual became established
in mainstream economic rationality. Starting in the 1970’s, there were some
attempts to reintroduce non-atomistic preferences in mainstream
microeconomic theory in the form of social interactions, interdependent
preferences, keeping up with the Joneses, social identity, social
preferences, and status concerns. Social preferences have started to have a
growing impact among mainstream microeconomics with the advent of
behavioral economics, but still they are not in the hard core of the
standard theory of choice. The paper argues that atomistic preferences are
still prevalent, especially in the form of the assumption of representative
agent. It also focuses on the role of methodological individualism and on
the theoretical implications of relaxing the assumption of atomistic
individual, as main explanations of the resilience of the mainstream
economic rationality.
Keywords: Economic Rationality; Individual Preferences; Methodological
Individualism, Representative Agent
JEL: B20 B40 D10 D91
<http://econpapers.repec.org/scripts/search.pf?jel=B20%20B40%20D10%20D91>
Date: 2022–05–03
URL: http://d.repec.org/n?u=RePEc:pra:mprapa:112944&r=
7. The Birth of Homo Œconomicus: The methodological debate on the
economic agent from J.S. Mill to V. Pareto
<http://econpapers.repec.org/RePEc:osf:osfxxx:nf8xw>
By: Desmarais-Tremblay, Maxime
<http://econpapers.repec.org/scripts/search.pf?aus=Desmarais-Tremblay,%20Maxime>
(Goldsmiths,
University of London); Bee, Michele
<http://econpapers.repec.org/scripts/search.pf?aus=Bee,%20Michele>
Abstract: This paper proposes a genealogy of the concept of homo
œconomicus as it emerged from the methodological debate on the economic
agent of political economy. If Mill gave birth to the economic man in his
1836 Essay “On the Definition of Political Economy,” he certainly did not
baptize him. The expression was introduced by Francis A. Walker after Mill
passed away in the 1870s. Economic man acquired its Latin name of homo
œconomicus under the pen of French Catholic economist Claudio Jannet in
1878. Yet, only at the end of the century did Maffeo Pantaleoni (1889)
proudly reclaim homo œconomicus as a building block of pure economics. In
reaction to the evolutionary hedonism of Pantaleoni, Vilfredo Pareto then
cleansed the concept of homo œconomicus and realized the Millian project of
an abstract science based on an economic agent.
Date: 2022–04–09
URL: http://d.repec.org/n?u=RePEc:osf:osfxxx:nf8xw&r=
8. The “Social Value” Debate: An Early Chapter in the History of
American Marginalism <http://econpapers.repec.org/RePEc:osf:osfxxx:kznuj>
By: Fiorito, Luca
<http://econpapers.repec.org/scripts/search.pf?aus=Fiorito,%20Luca>
Abstract: This paper provides a reconstruction of the debate on “social
value” among early marginalists in the US. This will be done in three
steps. The first section analyses John B. Clark’s approach to social value
as presented in his Distribution of Wealth; the second section deals with
other influential contemporaries who adopted a similar social value
perspective, with a main focus on Edwin R. A. Seligman; the third section
discusses those critics who, with due differences in emphasis and style,
animated the debate over social value, reviewing (among others) the
contributions of Herbert J. Davenport, Joseph Schumpeter, Benjamin
Anderson, John Maurice Clark, and George P. Watkins, the final section
presents some conclusions.
Date: 2022–04–09
URL: http://d.repec.org/n?u=RePEc:osf:osfxxx:kznuj&r=
9. Between fairness and efficiency: testing Wilson’s theory of public
administration <http://econpapers.repec.org/RePEc:osf:osfxxx:nzjsv>
By: Agulhon, Sophie
<http://econpapers.repec.org/scripts/search.pf?aus=Agulhon,%20Sophie>;
Mueller,
Thomas Michael
<http://econpapers.repec.org/scripts/search.pf?aus=Mueller,%20Thomas%20Michael>
Abstract: During his first presidential term, faced with antitrust law
reform, Woodrow Wilson had to deal with the reconstitution of conflicting
values. On the one hand, the importance of efficiency, guaranteed by the
role of experts capable of effectively managing public administration, on
the other hand, the importance of public and democratic participation, and
therefore respect for traditional democratic values. Wilson will face a
theoretical impasse in defining concepts such as competition and fairness
when developing antitrust laws and will have to put his theory of
administration to the test. He will opt for a pragmatic approach, based on
managerial ideas and integrating the figure of the manager, expert in
know-how.
Date: 2022–04–09
URL: http://d.repec.org/n?u=RePEc:osf:osfxxx:nzjsv&r=
10. Nudging To Prohibition? A Reassessment of Irving Firsher’s Economics
of Prohibition in Light of Modern Behavioral Economics
<http://econpapers.repec.org/RePEc:osf:osfxxx:dv97k>
By: Curott, Nicholas A.
<http://econpapers.repec.org/scripts/search.pf?aus=Curott,%20Nicholas%20A.>
; Snow, Nicholas A.
<http://econpapers.repec.org/scripts/search.pf?aus=Snow,%20Nicholas%20A.>
Abstract: In this paper we argue that Irving Fisher (1867-1947) is an
unacknowledged pioneer of modern behavioral economics. Fisher’s
behavioralist orientation is evident in his writings on alcohol
prohibition. In these works, Fisher argued that behavioral anomalies
prevent individuals from making rational choices regarding alcohol
consumption. Fisher thought these anomalies arose from three sources: 1)
incomplete information; 2) limited cognitive abilities; and 3) lack of will
power. These are essentially the same barriers to rational choice
identified by modern day New Paternalists. Therefore, we argue that
Fisher’s work on Prohibition was a pioneering academic achievement that
anticipated recent developments in economics, and not an unscientific
diatribe, as previous commentators have presumed. Unlike modern day ‘New
Paternalists,’ however, Fisher rejected minor alterations to the choice
architecture and advocated outright prohibition instead. This helps to
illustrate a potential slippery slope problem with modern new paternalist
arguments that should be addressed.
Date: 2022–04–09
URL: http://d.repec.org/n?u=RePEc:osf:osfxxx:dv97k&r=
11. Economic theory, reformism, and the emergence of economic rights:
models of identification and dissociation in the European corporations of
trades during the “long” eighteenth century
<http://econpapers.repec.org/RePEc:osf:osfxxx:r9t3e>
By: Gonzálvez, Francisco Jorge Rodríguez
<http://econpapers.repec.org/scripts/search.pf?aus=Gonz%C3%A1lvez,%20Francisco%20Jorge%20Rodr%C3%ADguez>
Abstract: This study addresses the incompatibility question between the
corporate organization of industry and a system based on the general
recognition of economic rights and freedoms in Continental Western Europe.
A dissociation/identification model based on a comparative analysis
verifies the consistency of the premise that makes the emergence of
economic rights only possible after suppressing the corporations of trades.
The model stems coherently from the ideas of eighteenth-century political
economists and crystallizes in reform policies aimed at eliminating
corporate elements contrary to economic freedoms. The results directly link
the intellectual model and the actual expressions of economic rights within
the declarations written at the end of the old regime. While dissociation
creates an opportunity for corporate continuity within a framework of
recognized economic freedoms, the French identification model implies the
suppression of corporations.
Date: 2022–04–09
URL: http://d.repec.org/n?u=RePEc:osf:osfxxx:r9t3e&r=
12. Altruism Begets Altruism
<http://econpapers.repec.org/RePEc:ces:ceswps:_9522>
By: Stephanie A. Heger
<http://econpapers.repec.org/scripts/search.pf?aus=Stephanie%20A.%20Heger>
; Robert Slonim
<http://econpapers.repec.org/scripts/search.pf?aus=Robert%20Slonim>
Abstract: Guided by Bem’s (1972) self-perception theory, we design an
experiment to ask whether morally-motivated behaviour, e.g., charitable
giving, is history-dependent. Using a popular policy nudge, the default
option, we exogenously vary altruism “now” and show that giving “now”
causes a 66%- 200% increase in the probability of giving “later”; that is,
altruism begets altruism. We further show that, consistent with
self-perception theory, the choice to behave altruistically “now”, rather
than the nudge itself, is the crucial element in the causal relationship.
These ﬁndings are consistent with a model of positive path-dependence,
which we interpret as moral consistency.
Keywords: altruism, nudge, moral consistency
Date: 2022
URL: http://d.repec.org/n?u=RePEc:ces:ceswps:_9522&r=
13. Some notes on Ricardo's analysis of the convergence process of the
market rate of interest to the natural rate
<http://econpapers.repec.org/RePEc:pra:mprapa:112887>
By: Ciccone, Michele
<http://econpapers.repec.org/scripts/search.pf?aus=Ciccone,%20Michele>
Abstract: This paper aims to be a preliminary critical discussion about
one of the main accepted results of Ricardo’s theory of money and interest,
i.e., that the ‘natural’ rate of interest is determined by the profit rate.
It will be argued that some logical inconsistencies seem to affect
Ricardo’s representation of the tendency of the market rate of interest to
the natural rate, with the latter ultimately determined by the rate of
profits. According to Ricardo, exogenous changes in the supply of, or
demand for money generate short-run changes of the money-prices ratio and
the market interest rate, and permanent changes in the price level play the
role of bringing them back to their natural values (the natural rate of
interest being taken as a fraction of the natural profit rate). We will try
to show that the convergence process envisaged by Ricardo seems to be not
free from some critical considerations about its internal coherence if one
takes into due account what he conceives to be the specific inducement for
the public to borrow a larger quantity of money at a lower interest
rate—namely, an above normal difference between profit rate and interest
rate, together with the behavior of the banking system and with the main
institutional features of a monetary system.
Keywords: David Ricardo, natural and market rates of interest, quantity
theory of money
JEL: B0 B31 E4 E40
<http://econpapers.repec.org/scripts/search.pf?jel=B0%20B31%20E4%20E40>
Date: 2022
URL: http://d.repec.org/n?u=RePEc:pra:mprapa:112887&r=
14. Cassel, Ohlin, Åkerman and the Wall Street Crash of 1929
<http://econpapers.repec.org/RePEc:osf:osfxxx:78ahc>
By: Carlson, Benny
<http://econpapers.repec.org/scripts/search.pf?aus=Carlson,%20Benny>
Abstract: The 1929 stock market crash on Wall Street is one of the most
spectacular economic events of all times. In Sweden, leading economists got
involved in a lively debate on the events on Wall Street before, during and
after the crash. Three of them were particularly active. Gustav Cassel and
Bertil Ohlin were not overly worried since they regarded the stock market
mania and the panic as phenomena more or less disconnected from the rest of
the economy. Their theoretical argument was that booms and busts upon a
stock market cannot create or destroy capital or purchasing power. Johan
Åkerman on the contrary warned repeatedly that a serious stock market crash
was in the making and, once it had happened, that it would in many ways
affect the entire economy.
Date: 2022–04–09
URL: http://d.repec.org/n?u=RePEc:osf:osfxxx:78ahc&r=
15. The Ascent of Geopolitics: Scientometric Analysis and Ramifications
of Geopolitical Risk
<http://econpapers.repec.org/RePEc:hal:wpaper:hal-03638273>
By: Ahmet Faruk Aysan
<http://econpapers.repec.org/scripts/search.pf?aus=Ahmet%20Faruk%20Aysan>
(HBKU
- Hamad Bin Khalifa University); Ali Polat
<http://econpapers.repec.org/scripts/search.pf?aus=Ali%20Polat>; Hasan
Tekin <http://econpapers.repec.org/scripts/search.pf?aus=Hasan%20Tekin>;
Ahmet
Tunalı
<http://econpapers.repec.org/scripts/search.pf?aus=Ahmet%20Tunal%C4%B1>
Abstract: In recent years, geopolitical risk (GPR) has been a crucial
factor in investment decisions and stock markets. Therefore, we explore the
research on the GPR by employing bibliometric and scientometric analytical
techniques. We find 366 scientific contributions in December 2021 from the
Scopus database by searching "Geopolitical risk" in abstracts, keywords,
and titles. Our findings show that GPR research has gained momentum in the
last three years. Specifically, the journal Defence and Peace Economics has
one of the highest numbers of research and citation on GPR. Authors in Asia
also dominate the GPR literature. Overall, this study contributes to the
literature by presenting the existing research that may give new insights
for prospective studies in GPR.
Keywords: G12,Scopus JEL codes: C22,Geopolitical risk,Defence and peace
economics,Bibliometric analysis,G18,G41
Date: 2022–04–12
URL: http://d.repec.org/n?u=RePEc:hal:wpaper:hal-03638273&r=

------------------------------
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the School of Economics and Finance of Massey University in New Zealand.