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Weingast - Wittman (eds) - Handbook of Political Ecnomy

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812 european integration<br />

setting and pursuing personal agendas. This is an avenue through which the values<br />

of the elite, which seem to have played an important role in the history of European<br />

integration, can enter the process. Similarly, the increasingly prominent institutional<br />

dimension of the integration process works to condition the effects of these interest<br />

group politics and intergovernmental negotiations. These observations help to explain<br />

why the progress of European integration has taken its particular form, one<br />

which has not always been fully anticipated by the member states.<br />

In recent historical-institutionalist accounts, the point has been put more strongly:<br />

institutions “as the carriers of history” (in the words of David 1994) aresaidtobe<br />

responsible for the path-dependent character of European integration. But, as evaluated<br />

in this chapter, this effort to rehabilitate early interpretations of the dynamics<br />

of European integration as a process characterized by path dependence, spillovers,<br />

and positive feedbacks has not been entirely successful. The preconditions for the<br />

existence of a non-ergodic process have not been identified satisfactorily. Testable<br />

implications of this view, which can be used to distinguish it from the alternatives,<br />

have not been adequately specified.<br />

Much of the literature on the political economy of European integration seeks to<br />

establish the incompatibility of these views instead of exploring how they fit together.<br />

Methodologically, these different strands of work approach the problem in very<br />

different ways—some rely on narrative, others on econometrics—which may help<br />

to explain the inability of their advocates to appreciate one another’s contributions.<br />

More effectively bringing together these different strands of work, analytically and<br />

empirically, will help to push this research agenda forward.<br />

References<br />

Arthur, B.1988. Self-reinforcing mechanisms in economics. Pp. 9–32 in The Economy as an<br />

Evolving Complex System, ed. P. W. Anderson, K. J. Arrow, and D. Pines. Reading, Mass.:<br />

Addison Wesley.<br />

1989. Competing technologies, increasing returns and lock-in by historical events.<br />

Economic Journal, 99: 116–32.<br />

Berger, H.,andRitschl, A.1995. Germany and the political economy of the Marshall Plan,<br />

1947–52: a re-revisionist view. Pp. 199–245 in Europe’s Postwar Recovery, ed. B. Eichengreen.<br />

Cambridge: Cambridge University Press.<br />

David,P.A.1985. Clio and the economics of qwerty. American Economic Review: Papers and<br />

Proceedings, 75: 332–7.<br />

1994. Why are institutions the “carriers of history?” Path-dependence and the evolution<br />

of conventions, organizations and institutions. Structural Change and Economic Dynamics,<br />

5: 205–20.<br />

Dehousse,R.1994. Community competences: are there limits to growth? Pp. 103–25 in Europe<br />

after Maastricht: An Ever Closer Union, ed. R. Dehousse. Munich: Beck.<br />

Frieden,J.A.2002. Real sources of european currency policy: sectoral interests and European<br />

monetary integration. International Organization, 56: 831–60.

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