Pushkinskaya st. 43. office 10
Rostov-on-Don, Russia
344082
e-mail: info@hjournal.ru 
tel. +7(863) 269-88-14

cubsEN (2)

Mesoeconomics from the Heterodox Perspective and Its Structure

Mesoeconomics from the Heterodox Perspective and Its Structure

Journal of Institutional Studies, , Vol. 12 (no. 2),

The paper discusses the logic of the development of the structure of mesoeconomics as a new direction of heterodox economic theory. It develops and complements previously published works of the authors (Kirdina-Chandler, Mayevsky, 2017; Kirdina-Chandler, 2018; Mayevsky, 2018; Mesoeconomics: status and prospects, 2018; Mesoeconomics: elements of a new paradigm, 2020), devoted to discussion of the methodology and specifics of mesoeconomic research. This paper proposes the grouping of heterodox mesoeconomic studies by their directions, which is based on a historical-chronological approach and takes into account the specifics of the mesostructures studied in Russia and abroad. The grouping comprises four directions, namely “mesoeconomics of localised structures”, “mesoeconomics of network structures”, “institutional mesoeconomics”, and “mesoeconomics of reproduction”. A summary table, which describes the main objects of consideration, subjects of research, theoretical bases and instruments in these different directions of heterodox mesoeconomics, is presented. In parallel, the specifics of the methodological foundations of research in modern heterodox mesoeconomics are also discussed.


Keywords: mesolevel of economic analysis, heterodox mesoeconomics, mesoeconomics of localised structures, mesoeconomics of network structures, institutional mesoeconomics, mesoeconomics of reproduction

References:
  • Allen, C. (1989). Corporatism and regional economic policies in the federal republic of Germany: the “meso” politics of industrial adjustment. Publius, 19(4), 147–164.
  • Andersson, N. (2003). A mesoeconomic analysis of the construction sector. Lund, Lund Institute of Technology, Lund University.
  • Arestis, P., Sawyer, M. (2006). The nature and role of monetary policy when money is endogenous. Cambridge Journal of Economics, 30(6), 847–860.
  • Arthur, W. B. (1999) Complexity and the Economy. Science, 284(2), 107–109.
  • Arthur, W. B., Durlauf, S. N., Lane, D. A. (1997) Introduction. In: Arthur W. B., Durlauf S. N., Lane D. A. (eds.) The Economy as an Evolving Complex System II, pp. 2–14. MA, Addison Wesley.
  • Bergman, E., Feser, E. (1999). Industrial and Regional Clusters: Concepts and Comparative Applications. / S. Loveridge (ed.). (Morgantown: Web Book of Regional Science, Regional Research Institute. (Access data: 13. 01.2020).
  • Blaug, M. (1985). Economic Theory in Retrospect. Fourth edition. Cambridge, New York, Cambridge University Press.
  • Brette, O., Mehier, C. (2008) Building on the micro-meso-macro evolutionary framework: the stakes for the analysis of clusters of innovations. In: W. Elsner and H. Hanappi (eds.). (HRGS). Varieties of capitalism and new institutional deals: Regulation, welfare and the new economy, рp. 227–250. Cheltenham, Elgar.
  • Carassus, J. (2000). A meso-economic analysis of the construction sector/ In: CIB W55-W65 Joint Meeting Proceedings, The University of Reading, UK.
  • Chen, P. (2008). Equilibrium illusion economic complexity and evolutionary foundation in economic analysis. Evolutionary and Institutional Economics Review, 5(1), 81–127.
  • Chorafakis, G., Laget, P. (2008). Mesoeconomic structure, innovation and complexity: the concept of mesoeconomic plexus. In: Knowledge matters / Elias G. Carayannis and Piero Formica (eds.), pp. 52–86.
  • Collected Papers of Charles Sanders Peirce. (1958). 8 vols. Charles Hartshorne, Paul Weiss, and Arthur W. Burks (eds.) Cambridge, Massachusetts, Harvard University Press.
  • Dementiev, V. E. (2015). Micro- and meso-justification of macroeconomic dynamics. Vestnik Universiteta (GUU), 8, 103–109. (In Russian).
  • Dementiev, V. E. (2016) Technological heterogeneity of production and cyclicity of economic development. Zhurnal ekonomicheskoy teorii, 3, 39–50. (In Russian).
  • Dementiev, V. E. (2002). Theory of the national economy and mesoeconomic theory. Rossiysky ekonomicheskiy zhurnal, 4, 71–82. (In Russian).
  • Dementiev V. E. (2018). Mesoeconomics is the key to understanding economic development. In: Fundamental Features of Mesoeconomic Analysis: Opportunities and Perspectives of the Evolutionary and Synergetic Paradigm. Collection of abstracts. Moscow: IE RAS, 10–12. (In Russian).
  • Dopfer, K. (2004) The economic agent as rule maker and rule user: Homo Sapiens Oeconomicus. Journal of Evolutionary Economics, 14, 2, 177–195.
  • Dopfer, K. (2006). The Origins of Meso Economics Schumpeter’s Legacy, Papers on Economics & Evolution, n. 0610, Max Planck Institute of Economics, Jena, Germany.
  • Dopfer, K. (2012) The origins of meso economics. Schumpeter’s legacy and beyond. Journal of Evolutionary Economics, 22(1), 133–160.
  • Dopfer, K. (2004). Meso Economics: A Unified Concept for the Analysis of Complexity and Evolution, Organisations, Innovation and Complexity: New Perspectives on the Knowledge Economy, CRIC, Univ. de Manchester, Manchester, UK.
  • Dopfer, K., Foster, J., Potts, J. (2004). Micro–meso–macro. Journal of Evolutionary Economics, 3(14), 263–279.
  • Dopfer, K., Potts, J. (2008) The General Theory of Economic Evolution. London, Routledge.
  • Douven, I. (2020). Peirce on abduction. In: Stanford Encyclopedia of Philosophy (https://plato.stanford.edu/entries/abduction/peirce.html – Access date: 03.02.2020).
  • Duijn, J. J. van, Lambooy, J. G. (1982). Technological innovation and regional economic growth: a meso-economic analysis. Amsterdam: University of Amsterdam, Dept. of Economics. Research Memorandum Nr. 8207.
  • Economic theory. Microeconomics 1, 2. (2018). Textbook. 8th edition / Zhuravleva G. P. (ed.). Moscow: Dashkov i K. (In Russian).
  • Egorova, L. G., Myachin, A. L. (2019) Structure of Russian scientific economic community and its attitude to Russian economic journals. Part 1: Analysis by methods of latent classes and social choice theory. Problemy Upravleniya, 3, 30–42. (In Russian).
  • Elsner, W., Heinrich, T. (2009). A simple theory of ‘meso’. On the co-evolution of institutions and platform size – With an application to varieties of capitalism and ‘mediumsized’ countries. The Journal of Socio-Economics, 38(5), 843–858.
  • Elsner, W. (2001) Interactive economic policy: toward a cooperative policy approach for a negotiated economy. Journal of Economic Issues, 35(1), 61–83.
  • Elsner, W. (2010) The process and a simple logic of ‘meso’. Emergence and the coevolution of institutions and group size. Journal of Evolutionary Economics, 20(3), 445–477.
  • Elsner, W., Schwardt, H. (2014) Trust and arena size: expectations, institutions, and general trust, and critical population and group sizes. Journal of Institutional Economics, 10(1), 107–134.
  • Ershov, M. V., Tanasova, A. S. (2019). The World and Russia: Inflation is Minimal, Economic Growth is Slowing, Risks are Rising. Voprosy Ekonomiki, 12, 5–23. (In Russian).
  • Foster, J. (2005). From simplistic to complex systems in economics. Cambridge Journal of Economics, 29, 873–892.
  • Frolov, D. P. (2013). Multilevel hierarchy of economic space: formation of evolutionary taxonomy. Spatial Economics, 4, 122–150. (In Russian).
  • Gareev, T. R. (2018). Platform markets: their place in the theory of mesoeconomic system: development and a challenge to spatial studies. Baltiysky Region, 10(2), 26–38.
  • Gareev, Т. R. (2012). Clusters in the institutional perspective: on the theory and methodology of local socioeconomic development, Baltiysky Region, 3, 7–33. (In Russian).
  • Glazyev, S. Yu. (2016). About a New Paradigm IN Economic Science. Gosudarstvennoye upravleniye. Elektronnyy vestnik, 56. 5–39. (In Russian).
  • Glazyev, S. Yu. (2016a). Dogmatism and the Scientific Revolution in the Economics. Ekonomicheskiye Strategii, vol. 18, 5(139), 6–13. (In Russian).
  • Hahn, F. (1983). Money and Inflation, Cambridge, Massachusets, MIT Press.
  • Hervas-Oliver, J.-L., Boix-Domenech, R. (2013). The economic geography of the mesoglobal spaces: integrating multinationals and clusters at the local–global Level. European Planning Studies, 21(7), 1064–1080.
  • Holland, S. (1974). Mesoeconomics, new public enterprise and economic planning. Annals of Public and Cooperative Economics, 45(2), 147–160.
  • Holland, S. (1987). The Market Economy: from Micro to Mesoeconomics. London, Weidenfeld and Nicolson; New York, St. Martin’s Press.
  • Holland, S., Black, A. (2018). Cherchez la firme: redressing the missing – meso – middle in mainstream economics. Economic Thought History, Philosophy and Methodology, 7(2), 15–53.
  • Jašová, E., Kadeřábková, B., Čermáková, K. (2017). Use of the method of the stochastic trend for NAIRU estimation in the Czech Republic and Slovakia at the macro- and mesolevels, Economic Research-Ekonomska Istraživanja, 30(1), 256–272.
  • Kirdina-Chandler, S. G. (2018). Mesoeconomics and complexity economics: going beyond the limits of economic orthodoxy. Journal of Institutional Studies, 10(3), 6–17. (in Russian).
  • Kirdina-Chandler, S. G. (2020). The mechanism of money circulation: micro-macromeso. In: Evolution of Hierarchical Economic Structures and Economic Growth. Collection of papers presented at the XIII International Symposium on Evolutionary Economics (held in Pushchino, Moscow region, Russia, September 6–7, 2019). Kirdina-Chandler Svetlana, Mayevsky Vladimir and Ulrich Witt (eds.) Moscow: Institute of Economics RAS (forthcoming). (In Russian).
  • Kirdina, S. (2015) Methodological individualism and methodological institutionalism for interdisciplinary research. Montenegrin Journal of Economics, 11(1), 53–67.
  • Kirilyuk, I. L. (2016). The discrete form of the equations in the theory of the shifting mode of reproduction with different variants of financial flows. Computer Research and Modeling, 8(5), 803–815 (In Russian).
  • Klamer, A. (2007). Speaking of Economics. How to Get in the Conversation. London, New York: Routledge.
  • Kleiner, G. (2014). The rhythms of evolutionary economics. Voprosy Ekonomiki, 4, 123–136. (In Russian).
  • Kleiner, G., Rybachuk, М. (2017). Systemic Balance of Economy: Monograph. Мoscow, Nauchnaya biblioteka. (In Russian).
  • Kleiner, G. B. (2020). The mesoeconomic odyssey: between Scylla of macroeconomics and Charybdis of microeconomics. Voprosy Ekonomiki (forthcoming). (In Russian).
  • Kleiner, G. B. (2003). Mesoeconomic problems of the Russian economy. Economic bulletin of Rostov State University, 1(2), 11–18. (In Russian).
  • Kruglova, M. S., Volynskii, A. I., Kirilyuk, I. L. (2019). Meso-level of economy: theoretical approaches and math modeling. Journal of Institutional Studies, 11(1), 41–54.
  • Kruglova, M. S. (2018). Claude Menard’s meso-institution theory and it’s application in the institutional design. Journal of Institutional Studies, 10 (3), 49–57. (In Russian).
  • Kruglova, M. S. (2017). Mesoeconomic theory in English-scientific literature. Journal of Institutional Studies, 9(3), 24–35. (In Russian).
  • Kunneke, R., Ménard, C., Groenewegen, J. (2010) Aligning modes of organization with technology: critical transactions in the reform of infrastructures. Journal of Economic Behavior and Organization, 75(3), 494–505.
  • Laiko, O. I., Kovalenko, S. I. (2020). The problem of mesoeconomic synthesis of clusters development and international integrating formation concepts. Economic innovations, vol. 22, 1(74), 111–121. (In Ukrainian).
  • Lambooy, J. G. (1990). Meso-economics and organizational ecology. In: Peschel K. (eds) Infrastructure and the Space-Economy. Berlin, Heidelberg, Springer, pp. 254–273.
  • Lopatnikov, L. I. (2003). Economics and Mathematics Dictionary: Dictionary of Modern Economic Science. 5th ed., revised and add. Moscow: Delo. (In Russian).
  • Maevsky, V. (2010). Reproduction of fixed capital and economic theory. Voprosy Ekonomiki, 3, 76–80. (In Russian).
  • Maevsky, V. I. (2018). Mesolevel and hierarchical structure of the economy. Journal of Institutional Studies, 10(3), 18–29. (In Russian).
  • Maevsky, V., Malkov, S. (2014). Prospect of macroeconomic theory of reproduction, Voprosy Ekonomiki, 4, 137–154. (in Russian).
  • Maevsky, V. I., Malkov, S. Y., Rubinstein, A. A. (2016). A theory of overlapping generations of fixed capital. Herald of the Russian Academy of Sciences, 86, 39–47.
  • Maevsky, V. I., Andryushin, S. A., Malkov, S. Yu., Rubinstein, A. A. (2016a). Money mechanisms and the shifting mode of reproduction model, Voprosy Ekonomiki, 9, 129–149. (in Russian).
  • Maevsky, V. I., Malkov, S. Yu., Rubinstein, A. A. (2018). On the evolution of the model of shifting mode of reproduction, Actual Problems of Economics and Law, 12(4), 816–827. (in
  • Russian).Maevsky, V. I., Malkov, S. Yu., Rubinstein, A. A. (2019). Analysis of the relationship between issuing money, inflation and economic growth with the help of the SMR-model. Voprosy Ekonomiki, 8, 45–66. (In Russian).
  • Manning, S. (2008). Customizing clusters: on the role of Western multinational corporations in the formation of science and engineering clusters in emerging economies. Economic Development Quarterly, 2(4), 316–323.
  • Markov, L. S, Yagolnitser, M. A. (2008). Mesoeconomic systems: typology problems. Region: Economika i Sotsiologiya, 1, 18–44. (In Russian).
  • Ménard, C. (2014). Embedding organizational arrangements: towards a general model. Journal of Institutional Economics, 10(4), 567–589.
  • Ménard, C. (2017). Meso-institutions: The variety of regulatory arrangements in the water sector. Utilities Policy, Elsevier, 49(C), 6–19.
  • Ménard, C. (2018) Organization and governance in the agri-food sector: how can we capture their variety? Agribusiness: An International Journal, 34(1), 141–160.
  • Mesoeconomics of Development. (2011). / G. B. Kleiner (ed). Moscow, Nauka. (In Russian).
  • Mesoeconomics: current state and prospects. (2018). / V.I. Maevsky, S.G. Kirdina-Chandler, M.A. Deryabina (eds). Moscow, IE RAN. (In Russian).
  • Mesoeconomics: elements of a new paradigm. (2020). / V.I. Maevsky, S.G. Kirdina-Chandler (eds). Moscow, IE RAN. (In Russian. Content, Foreword, and Introduction in English).
  • Ng, Y.-K. (1986). Mesoeconomics: A Micro – Macro Analysis. New York: St. Martin’s Press.
  • Ng, Y.-K. (1982). A micro-macroeconomic analysis based on a representative firm. Economica, N.S., 49(194), 121–139.
  • Ng, Y.-K. (1992). Business confidence and depression prevention: a mesoeconomic perspective. American Economic Review, 82(2), 365–371.
  • Ozawa, T. (1999). Organizational efficiency and structural change: a meso-level analysis. In: Boyd G, Dunning HJ (eds) Structural Change and Cooperation in the Global Economy. Elgar, Cheltenham, pp. 160–190.
  • Peters, H-R. (1981). Grundlagen der Mesoökonomie und Strukturpolitik. Vol. 1087 of UTB für Wissenschaft: Uni-Taschenbücher Wirtschafts- und Sozialtexte. Bern, P. Haupt. (In German).
  • Preston, L. E. (1984). A perspective on meso-economics. Discussion article, October. Berlin, International Institute of Management, Wissenschaftzentrum.
  • Rekord, S. I. (2013). Methodology of Custer Systems Development as a Meso-level of International Economic Integration. Saint-Petersburg, Izd-vo SPb GUJeF. (In Russian).
  • Rochet, J., Tirole, J. (2003). Platform competition in two-sided markets, Journal of the European Economic Association, 1(4), 990–1029.
  • Ruzavin, G. I. (2001). Abduction as a method of searching and substantiating explanatory hypotheses. In: Theory and Practice of Argumentation. M: RAN, Institut filosofii, pp. 28–48. (In Russian).
  • Sectors matter!: Exploring mesoeconomics. (2011). / Stefan Mann (ed). Heidelberg, Springer.
  • Shastitko, A. Ye. (2009). Clusters as a form of spatial organisation of economic activity: theory and practical observations. Baltic Region, 2, 7–25.
  • Shastitko, A. Ye. (2019) Meso-institutions: proliferating essences or evolving economic research programme? Voprosy Ekonomiki, 5, 5–25. (In Russian).
  • Srnicek, N. (2019). Platform Capitalism (excerpts). Journal of Economic Sociology, 20(1), 72–82. (In Russian).
  • Stiglitz, J. E. (2017). Where Modern Macroeconomics Went Wrong. Working Paper 23795. National Bureau of Economic Research: NBER Working Paper Series (http://www.nber.org/papers/w23795/ – Access Date: 08.01.2020)
  • Usoskin, V. M. (1990). Money problems in the economic theory of the West (Introductory article). In: Harris L. Monetary Theory (transl. from English). Moscow, Progress, pp. 5–70. (In Russian).
  • Volynskii, A. I. (2017). Mesolevel as object of research in the scientific economic literature of contemporary Russia. Journal of Institutional Studies, 9(3), 36–49. (In Russian).
  • Volynskii, A. I. (2018). The mesolevel objects identification: Russian-language publications analysis. Journal of Institutional Studies, 10(3), 40–48. (In Russian).
  • Zezza, A., Llambí, L. (2002). Meso-economic filters along the policy chain: understanding the links between policy reforms and rural poverty in Latin America. World Development, 30(11), 1865–1884.
Publisher: Ltd. "Humanitarian perspectives"
Founder: Ltd. "Humanitarian perspectives"
Online-ISSN: 2412-6039
ISSN: 2076-6297