The topological string captures certain superstring amplitudes which are also
encoded in the underlying string effective action. However, unlike the
topological string free energy, the effective action that comprises
higher-order derivative couplings is not defined in terms of duality covariant
variables. This puzzle is resolved in the context of real special geometry by
introducing the so-called Hesse potential, which is defined in terms of duality
covariant variables and is related by a Legendre transformation to the function
that encodes the effective action. It is demonstrated that the Hesse potential
contains a unique subsector that possesses all the characteristic properties of
a topological string free energy. Genus g≤3 contributions are constructed
explicitly for a general class of effective actions associated with a
special-K\"ahler target space and are shown to satisfy the holomorphic anomaly
equation of perturbative type-II topological string theory. This identification
of a topological string free energy from an effective action is primarily based
on conceptual arguments and does not involve any of its more specific
properties. It is fully consistent with known results. A general theorem is
presented that captures some characteristic features of the equivalence, which
demonstrates at the same time that non-holomorphic deformations of special
geometry can be dealt with consistently.Comment: 44 pages, LaTex; v2, v3: minor text improvement