Rate Of Profit Distribution And Growth

Author : J.A. Kregel
Publisher : Routledge
Page : 233 pages
File Size : 41,7 Mb
Release : 2017-09-05
Category : Business & Economics
ISBN : 9781351494854

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Rate of Profit, Distribution and Growth by J.A. Kregel Pdf

A controversy among economists has raged in the pages of professional journals for the last decade. The debate concerns capital theory and distribution theory, as well as interpretation of models of long-run economic growth. This book is an attempt to integrate recent developments in capital theory and show their implications for models of long-run economic growth in mature capitalistic countries.This book first presents the von Neumann model and outlines its classical approach to the rate of profits and distribution. Sraffa's resolution of the value-price transformation problem is then presented and compared with Samuelson's ""Surrogate Production Function"". With the results of this comparison and the delineation of the special case in which the ""Surrogate"" is valid, several existing models of growth are set out in two representative groups.Neoclassical models form the first group. These are defined by their reliance on marginal theory to determine factor prices, the rate of profit and therefore distribution via the perfectly differentiable production function. Models of Meade, Tobin, Solow, and Samuelson- Modigliani are outlined and analyzed for their treatment and distribution and profits theory. The second group is comprised of models within the strict Keynesian tradition. The basic groundwork of these models as found in the work of Keynes and Kalecki is first cited. The Keynesian models are characterized by their assumption that the investment decision is totally independent of savings decisions in the economy. The models of Harrod, Kaldor, Pasinetti and Joan Robinson are presented and their method of approach to the rate of profits and distribution is analyzed.The concluding chapter focuses on some criticisms brought against the Keynesian models and offers some generalized formulations to deal with these neoclassical objections. General conclusions follow the treatment of each representative group and author.

Author : W.A. Eltis
Publisher : Springer
Page : 370 pages
File Size : 46,8 Mb
Release : 1973-06-18
Category : Business & Economics
ISBN : 9781349017973

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Growth and Distribution by W.A. Eltis Pdf

Author : Neri Salvadori
Publisher : Edward Elgar Publishing
Page : 458 pages
File Size : 41,5 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.

Author : Giovanni A. Caravale,Domenico A. Tosato
Publisher : Routledge
Page : 280 pages
File Size : 41,8 Mb
Release : 2013-04-15
Category : Business & Economics
ISBN : 9781135033378

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Ricardo and the Theory of Value Distribution and Growth by Giovanni A. Caravale,Domenico A. Tosato Pdf

The book presents a rigorous reconstruction of Ricardo's contribution to economic theory and a unifying interpretation of the key issues of Ricardo's research. Part One deals primarily with the problems of value and distribution Part Two deals specifically with the issues of distribution and growth. * Contemporary economic literature in the fields of value, distribution and growth is witnessing a renewed interest in the approach of the classical school, notably in the work of David Ricardo.

Author : Eckhard Hein
Publisher : Edward Elgar Publishing
Page : 576 pages
File Size : 43,9 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

Author : Luigi L. Pasinetti
Publisher : CUP Archive
Page : 166 pages
File Size : 55,5 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.

Author : Amitava Krishna Dutt
Publisher : CUP Archive
Page : 292 pages
File Size : 41,9 Mb
Release : 1990-07-27
Category : Business & Economics
ISBN : 0521381770

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Growth, Distribution and Uneven Development by Amitava Krishna Dutt Pdf

This book presents an international study of economic growth and income distribution, with a focus on North-South differences. The text discusses the topic from a purely theoretical perspective, comparing the relations between economies by using formal mathematical models. Four well-known approaches are discussed: neoclassical, neo-Marxian, neo-Keynesian and Kalecki-Steindl. Models are developed to highlight and contrast the basic features of these approaches. Subsequent chapters systematically introduce inflation, technological change, sectoral issues, and international trade, building upon these simple one-sector models. This book will be of value to anyone with an interest in areas such as developmental economics, growth, trade and political economy.

Author : George Argyrous,Gary Mongiovi
Publisher : Routledge
Page : 414 pages
File Size : 50,9 Mb
Release : 2019-06-21
Category : Business & Economics
ISBN : 9781317469339

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Growth, Distribution and Effective Demand 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.

Author : Ferri, Piero
Publisher : Edward Elgar Publishing
Page : 264 pages
File Size : 43,5 Mb
Release : 2022-03-15
Category : Business & Economics
ISBN : 9781802206012

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Income Distribution, Growth and Unemployment by Ferri, Piero Pdf

Piero Ferri expertly broadens the analysis of the canonical growth cycle approach by presenting a Minsky–Harrod model, examining how the relationship between income distribution, growth and unemployment becomes increasingly complex. Exploring this new technique to generate a process of growth, based not only on history but disequilibrium, he investigates the current income distribution debate further and the challenges it faces.

Author : John Smithin
Publisher : Routledge
Page : 241 pages
File Size : 54,7 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.

Author : Duncan K. Foley
Publisher : Harvard University Press
Page : 416 pages
File Size : 49,5 Mb
Release : 2019-02-11
Category : Business & Economics
ISBN : 9780674239418

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Growth and Distribution by Duncan K. Foley Pdf

Authors Foley, Michl, and Tavani offer a major revision of an established textbook on the theory, measurement, and history of economic growth, with new material on climate change, corporate capitalism, and innovation.

Author : Thomas R. Michl
Publisher : Harvard University Press
Page : 319 pages
File Size : 55,5 Mb
Release : 2009
Category : Business & Economics
ISBN : 9780674031678

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Capitalists, Workers, and Fiscal Policy by Thomas R. Michl Pdf

Drawing on the work of the classical-Marxian economists and their modern successors, Capitalists, Workers, and Fiscal Policy sets forth a new model of economic growth and distribution, and applies it to two major policy issues: public debt and social security. The book homes in specifically on the problem of fiscal policy, examining the ways that taxation and government spending affect the distribution of wealth and income as well as the rate of economic growth. Thomas Michl’s model shows that public debt has a regressive effect on wealth distribution. It also demonstrates that the accumulation of wealth by public authorities, for example, in the form of a pension reserve such as the U.S. social security trust fund, can have a progressive effect on wealth distribution, both directly (since it represents ownership by the citizenry) and indirectly through its general equilibrium effects on the structure of accumulation. The book’s findings provide an analytical foundation for a macroeconomic policy of using fiscal surpluses to accumulate a public pension reserve fund that serves to effect a progressive redistribution of wealth.

Author : Stephen A. Marglin
Publisher : Cambridge, Mass. : Harvard University Press
Page : 600 pages
File Size : 43,7 Mb
Release : 1984
Category : Business & Economics
ISBN : UOM:39015009056717

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Growth, Distribution, and Prices by Stephen A. Marglin Pdf

Author : Adrian Wood
Publisher : CUP Archive
Page : 200 pages
File Size : 49,5 Mb
Release : 1975-11-13
Category : Business & Economics
ISBN : 0521207681

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A Theory of Profits by Adrian Wood Pdf

Author : Peter Gutmann
Publisher : AuthorHouse
Page : 230 pages
File Size : 46,7 Mb
Release : 2024-05-18
Category : Business & Economics
ISBN : 9781467084130

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Income Distribution, Asset Values and Economic Growth by Peter Gutmann Pdf