Table of Contents

Handbook of Research Methods and Applications in Heterodox Economics

Handbook of Research Methods and Applications in Heterodox Economics

Handbooks of Research Methods and Applications series

Edited by Frederic S. Lee and Bruce Cronin

Despite the important critiques of the mainstream offered by heterodox economics, the dominant method remains econometrics. This major new Handbook provides an invaluable introduction to a range of alternative research methods better suited for analysing the social data prominent in heterodox research projects, including survey, historical, ethnographic, experimental, and mixed approaches, together with factor, cluster, complex, and social network analytics. Introductions to each method are complemented by descriptions of applications in practice.

Chapter 4: Separate or symbiotic? Quantitative and qualitative methods in (heterodox) economics research

Lynda Pickbourn and Smita Ramnarain

Subjects: economics and finance, history of economic thought, methodology of economics, post-keynesian economics, radical and feminist economics, research methods, research methods in economics


Qualitative and quantitative research methods are typically treated as distinct tools in economics research. This chapter explores the presumed analytical separation of these methods, questioning whether they are distinct from one another, or whether, in fact, they are interdependent and mutually informative avenues for social exploration. After reviewing the different arguments for and against the integration of these methods, we argue the latter: that is, that quantitative and qualitative research methods must each be, and are, necessarily related to the other in the construction of empirically grounded theory. In addition, if economic research is to adequately explain the complexities of social reality, both qualitative and quantitative methods can and should also be used in conjunction with one another (for instance, through data triangulation and case-study methods).

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