Compare methods

	Growth Regime Analysis	Comparative Political Economy
Field	Political Economy	Political Economy
Family	Process / pipeline	Process / pipeline
Year of origin	2016	2001
Originator	Lucio Baccaro & Jonas Pontusson; Eckhard Hein (post-Keynesian foundations)	Comparative politics & political economy tradition (Shonfield, Katzenstein, Hall, Soskice)
Type	Macro-comparative analytical framework	Macro-comparative research framework
Seminal source	Baccaro, L., & Pontusson, J. (2016). Rethinking Comparative Political Economy: The Growth Model Perspective. Politics & Society, 44(2), 175-207.	Hall, P. A., & Soskice, D. (Eds.). (2001). Varieties of Capitalism: The Institutional Foundations of Comparative Advantage. Oxford University Press. ISBN: 9780199247752
Aliases	Growth Model Perspective, Demand Regime Analysis, Growth Models Analysis	CPE, Comparative Capitalisms Approach, Macro-Comparative Political Economy, Institutional Political Economy
Related	3	3
Summary	Growth regime analysis — also called the growth-model perspective — explains national macroeconomic trajectories by the composition of aggregate demand and its link to the distribution of income between wages and profits. Drawing on post-Keynesian theory, codified in Eckhard Hein's 2014 Distribution and Growth after Keynes, the approach asks whether an economy's demand is wage-led or profit-led, and whether its growth is driven by exports, by household consumption (often debt-financed), or by other components. Lucio Baccaro and Jonas Pontusson's influential 2016 article recast comparative political economy around this lens, offering the growth-model perspective as a demand-side alternative to the supply-side, firm-centered varieties-of-capitalism tradition. The method reads growth not as the automatic outcome of good institutions but as the result of a particular, politically constructed configuration of demand and distribution.	Comparative political economy (CPE) is the subfield that asks how political institutions and markets interact to produce different economic outcomes across capitalist democracies, and the macro-comparative research strategy that subfield employs. Rather than treating the economy as a self-contained system, CPE treats production regimes, labor markets, finance, welfare states, and innovation as politically constructed and institutionally embedded, then compares how distinct national configurations — for instance the liberal market economies and coordinated market economies of Hall and Soskice's varieties-of-capitalism framework — generate systematically different patterns of wages, growth, inequality, and adjustment. The approach combines small-N case comparison and large-N cross-national analysis under a shared institutionalist logic.