Growth Distribution And Effective Demand

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Growth, Distribution and Effective Demand: Alternatives to Economic Orthodoxy

Author : George Argyrous,Gary Mongiovi
Publisher : Routledge
Page : 374 pages
File Size : 53,9 Mb
Release : 2019-06-21
Category : Business & Economics
ISBN : 9781317469346

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Growth, Distribution and Effective Demand: Alternatives to Economic Orthodoxy by George Argyrous,Gary Mongiovi Pdf

Growth, Distribution, and Effective Demand presents original essays on a variety of topics in theoretical and applied economics. The book honors the work of Edward J. Nell and develops interconnected themes that run through the modern Post-Keynesian tradition. The first part deals with the fundamental idea that economic growth is demand-driven, with special attention to policy ramifications. The second theme concerns the connection between economic growth and the structural characteristics of a market economy. These issues are closely linked to a critical tradition that calls into question key elements in orthodox economics. The final part of the book aims to buttress non-orthodox approaches to growth and distribution by critiquing particular aspects of the conventional theory, by elaborating neglected themes in non-orthodox theory, or by exploring some overlooked methodological ideas.

Conflict and Effective Demand in Economic Growth

Author : Peter Skott
Publisher : Cambridge University Press
Page : 194 pages
File Size : 50,7 Mb
Release : 1989-12-07
Category : Business & Economics
ISBN : 0521365961

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Conflict and Effective Demand in Economic Growth by Peter Skott Pdf

All capitalist economies experience fluctuations in employment and economic activity around a long-term growth rate. How is this cyclical pattern of growth to be explained? Are the causes of fluctuations in output and employment to be found outside the system or are they intrinsic to the system? Will the long-term growth rate correspond to the growth of the labour force? It is the search for answers to these questions which motivates Peter Skott's analysis.

Economic Growth and Distribution

Author : Neri Salvadori
Publisher : Edward Elgar Publishing
Page : 458 pages
File Size : 51,6 Mb
Release : 2006-01-01
Category : Business & Economics
ISBN : 1781008213

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Economic Growth and Distribution by Neri Salvadori Pdf

Economic Growth and Distribution isolates and compares the logical structures and methodological underpinnings underlying the relationship between economic growth and distribution. It carries out an in-depth analysis of a wide range of issues connected with growth theory considered from different theoretical perspectives. Its uniqueness is derived from the original contributions by a number of scholars of different persuasions; some within the mainstream and others from Keynesian-Kaleckian-Sraffian positions. The book deals with a wide variety of research topics concerning economic growth and distribution, such as the transition from the epoch of Malthusian stagnation to the contemporary era of modern economic growth; comparisons among the classical tradition, modern theory, and heterodox models; problems of policy; dynamics and business cycles; the role on institutions.

Growth, Distribution and Innovations

Author : Amit Bhaduri
Publisher : Routledge
Page : 80 pages
File Size : 45,5 Mb
Release : 2007-03-14
Category : Business & Economics
ISBN : 9781134103577

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Growth, Distribution and Innovations by Amit Bhaduri Pdf

Idea for those studying advanced macroeconomic and written by a widely published author, this book outlines a new and more fruitful way of understanding, analyzing and formally modelling economic growth. In his series of lectures, collected here in one concise and engaging book, Amit Bhaduri draws on contemporary issues such as the role of competition policy, labour market flexibility and intellectual property rights regime in influencing the rate of economic growth to sketch an alternative approach to mainstream growth theory. He explores: the role of division of labour innovation and market structure according to Smith, Marx and Schumpter the role of class distribution of income according to Ricardo the principles of effective demand according to Keynes and Kalecki. It is an invaluable tool for anyone engaged with growth and distribution theory and technical innovation, as well as taking advanced macroeconomics.

Effective Demand And Income Distribution

Author : Marc Jarsulic
Publisher : Routledge
Page : 188 pages
File Size : 47,6 Mb
Release : 2019-03-06
Category : Political Science
ISBN : 9780429698521

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Effective Demand And Income Distribution by Marc Jarsulic Pdf

Considering ideas from various economic paradigms, namely post-Keynesian, neo-Ricardian, and neo-Marxian, this book discusses the importance of money to Keynes's analysis of effective demand and income distribution. It also considers the connections between relative prices and income distribution.

Transformational Growth and Effective Demand

Author : Edward J. Nell
Publisher : Springer
Page : 698 pages
File Size : 45,6 Mb
Release : 1991-12-01
Category : Political Science
ISBN : 9781349217793

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Transformational Growth and Effective Demand by Edward J. Nell Pdf

A collection of essays which develop Professor Nell's economic theory of transformational growth. The author's previous titles include "Free Market Conservatism: A Critique of Theory and Practice" and "Beyond the Steady State: A Revival of Growth Theory".

The Economics of Demand-led Growth

Author : Mark Setterfield
Publisher : Edward Elgar Publishing
Page : 328 pages
File Size : 47,6 Mb
Release : 2002
Category : Business & Economics
ISBN : STANFORD:36105110263832

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The Economics of Demand-led Growth by Mark Setterfield Pdf

Economists from Europe, North America, and Australia challenge the notions that demand has only a transitory impact on the utilization of resources; and that the development of resources, and hence of potential output, over time is independent of demand. They argue instead that the role of demand in influencing the utilization of productive resources is chronic, and that there is no supply- determined equilibrium acting as a center of gravity toward which the level of economic activity is inevitably and inexorably drawn. The natural rate of growth, they conclude, is ultimately endogenous to the demand-determined actual rate of growth. Annotation copyrighted by Book News, Inc., Portland, OR

Post-Keynesian Growth Theory

Author : Lavoie, Marc
Publisher : Edward Elgar Publishing
Page : 448 pages
File Size : 42,5 Mb
Release : 2022-02-17
Category : Business & Economics
ISBN : 9781802206951

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Post-Keynesian Growth Theory by Lavoie, Marc Pdf

Post-Keynesian Growth Theory is a collection of 18 articles by Marc Lavoie, published between 1995 and 2020, with an extended foreword by Eckhard Hein. Marc Lavoie’s introduction recalls how he became attracted to the post-Keynesian theory of growth more than 45 years ago and explains how and why this book came about.

Growth and Income Distribution

Author : Luigi L. Pasinetti
Publisher : CUP Archive
Page : 166 pages
File Size : 48,6 Mb
Release : 1974-11-21
Category : Business & Economics
ISBN : 0521204747

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Growth and Income Distribution by Luigi L. Pasinetti Pdf

Monograph on the economic theory of economic growth and income distribution - discusses the economic analysis of effective demand and of business cycles, the relationship between profit rates and economic growth rates, etc., and includes economic models and methodologycal problems. Graphs and references.

Money, Enterprise and Income Distribution

Author : John Smithin
Publisher : Routledge
Page : 241 pages
File Size : 40,6 Mb
Release : 2008-07-17
Category : Business & Economics
ISBN : 9781134641871

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Money, Enterprise and Income Distribution by John Smithin Pdf

Mainstream neoclassical economics tells us that money is essentially a commodity, has no other social meanings or consequences, and (therefore) exists only as a medium of exchange to lubricate/facilitate barter. This book takes the view that money is definitively a social relation between private persons or legal persons. As such, it is one of the main building blocks of the complex structure of social relations of capitalism itself.

Productive Labour and Effective Demand

Author : Sydney H. Coontz
Publisher : Routledge
Page : 189 pages
File Size : 51,8 Mb
Release : 2013-11-05
Category : Business & Economics
ISBN : 9781136507809

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Productive Labour and Effective Demand by Sydney H. Coontz Pdf

The connection between productive labour and effective demand has often been ignored and disputed in political economy, even by giants like Ricardo and Marx. This book traces the historical development of theories, concentrating in particularly on those of Malthus, Marx and Keynes. Particular attention is also paid to the Great Depression in the UK and USA. * The Pre-Classical Approach * The Classical Economists * Socialists and Dissidents * Anti-Classical Theories in the Twentieth Century

Spectral Theory of Value and Actual Economies

Author : Theodore Mariolis,Nikolaos Rodousakis,George Soklis
Publisher : Springer Nature
Page : 512 pages
File Size : 40,9 Mb
Release : 2021-05-29
Category : Business & Economics
ISBN : 9789813362604

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Spectral Theory of Value and Actual Economies by Theodore Mariolis,Nikolaos Rodousakis,George Soklis Pdf

This book develops a unified treatment of the income distribution–capital–value problems with respect to actual economies, and then gradually turns to the issues of effective demand and capitalist accumulation fluctuations from both political economy and economic policy perspectives. That treatment, on the one hand, places produced means of production, positive profits, and capital accumulation at the centre of the analysis and, on the other hand, is analytically based on the modern control theory. Hence, the authors’ investigation is concerned with input–output representations of actual single and joint production, heterogeneous labour, and open economies; zeroes in on the characteristic value distributions of the system matrices; and, finally, derives meaningful theoretical results consistent with the empirical evidence, and vice versa. The main topics addressed are the uncontrollable/unobservable aspects of the real-world economies, the powerful low-order spectral approximations and reconstructions of the inter-industry structure of production–value–distributive variables relationships, the critical-constructive appraisal of both “mainstream” and “radical” theories of value, the matrix demand multipliers and demand-switching policies in heterogeneous capital worlds, and the circular inter-actions amongst income distribution, effective demand, accumulation, and technical conditions of production. Written on the occasion of the 60th anniversary of the publication of both Piero Sraffa’s Production of Commodities by Means of Commodities and Rudolf E. Kalman’s paper “On the general theory of control systems”, this book provides a consistent and comprehensive framework for theoretical, empirical, and economic policy research.

Macrodynamics

Author : Peter Flaschel
Publisher : Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
Page : 412 pages
File Size : 47,8 Mb
Release : 1993
Category : Economic development
ISBN : UIUC:30112057905231

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Macrodynamics by Peter Flaschel Pdf

This book on macrodynamic theories of growth, (in-)stability and cycles shows that the debate between Keynesians, Monetarists and New Classical economists can be reformulated from the perspective of a further and quite different approach to macroeconomic model building. Basis of this reformulation is the growth cycle model of Goodwin which is extended in various ways in the pursuit of this aim. Besides this central theme, the book also introduces into Keynesian, Marxian and Neoclassical models of short-, medium- and long-run macroeconomics in its part I, II. Models which synthesize these approaches and which thus provide a (deterministic) framework for the investigation of the adequateness of the various explanations of cyclical growth and inflation are considered in part III.

Distribution and Growth after Keynes

Author : Eckhard Hein
Publisher : Edward Elgar Publishing
Page : 576 pages
File Size : 54,8 Mb
Release : 2014-10-31
Category : Business & Economics
ISBN : 9781783477296

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Distribution and Growth after Keynes by Eckhard Hein Pdf

In the first part of the book, Eckhard Hein presents a comprehensive overview of the main approaches towards distribution and growth including the contributions of Harrod and Domar, old and new neoclassical theories including the fundamental capital co