A Staple Theory of Economic Growth

Melville H. Watkins

The Canadian Journal of Economics and Political Science · 1963 · 627 citations · 37 references

Concepts

TL;DR

The staple theory of economic growth is a uniquely Canadian contribution to political economy, pioneered by Harold Innis, that examines how staple production shapes national economies and societies without relying on a formal analytical framework. Methodologically, the staple approach is more a broad technological history than a conventional theory of economic growth.

Abstract

The staple approach to the study of economic history is primarily a Canadian innovation; indeed, it is Canada's most distinctive contribution to political economy. It is undeveloped in any explicit form in most countries where the export sector of the economy is or was dominant. The specific terminology—staple or staples approach, or theory, or thesis—is Canadian, and the persistence with which the theory has been applied by Canadian social scientists and historians is unique. The leading innovator was the late Harold Innis in his brilliant pioneering historical studies, notably of the cod fisheries and the fur trade; others tilled the same vineyard3 but it is his work that has stamped the “school.” His concern was with the general impact on the economy and society of staple production. His method was to cast the net widely. The staple approach became a unifying theme of diffuse application rather than an analytic tool fashioned for specific uses. There was little attempt to limit its application by the use of an explicit framework. Methodologically, Innis' staple approach was more technological history writ large than a theory of economic growth in the conventional sense.

References

37