The object of this paper is to derive measures for the changes in physical labour productivity and to apply them to the case of Italy during the 1995-2000 period. Firstly, section 1, introduces the historical development of selected literature on labour productivity measurement using the notion...

The aim of the present paper is that of exploiting the notions of vertically (hyper-)integrated sectors, as discussed in Pasinetti (1973) and Pasinetti (1988), and of natural system, as defined in Pasinetti (1981), in order to build up an analytical framework in which data from national accounts...

Pasinetti’s (1981) Structural Change and Economic Growth provides a complete and far reaching theoretical framework for the study of structural change, and therefore of economic development, rooted in in the Classical-Sraffian tradition. Some attempts have been made, both in the ’80s — for...

A clear and organic exposition of Pasinetti’s theoretical framework of Structural Change and Economic Growth is often complicated by misunderstandings and ambiguities concerning the basic categories and terminology. The pre-institutional character of the approach, the nature of its equilibrium...