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The present study aims to show an analysis of relationship between gross fixed capital formation and economic growth in … and the gross fixed capital formation (GFCF) – considered independent variable. This workpaper uses the quarterly of GDP … macroeconomic indicators. The obtained results show a direct and strong connection between economic growth and gross fixed capital …
Persistent link: https://www.econbiz.de/10011260574
Some analysts believe that earnings of owners of capital are booming, setting new records. The basis of this view is … to owners of corporate capital. The difficulty with this conclusion is that corporate profit is not the only payment to … owners of capital. Interest, rent and profit of unincorporated business are also payments for the services of capital. This …
Persistent link: https://www.econbiz.de/10008506939
constant and variable capital, turnover speed, capital composition and profit rate on total advanced capital. Furthermore, it … analyzes the role of turnover speed in the valorization process. In core countries, turnover speed of capital tends to be … share, representing at the same time, the wage bill adjusted by capital turnover, a lower proportion related to total …
Persistent link: https://www.econbiz.de/10011107446
, namely capital account liberalization episodes, in order to determine the causal impact of economic development on the labor …
Persistent link: https://www.econbiz.de/10011107992
globalization affected the relative share of income going to capital and labor? Using a panel of over one hundred countries, this … shares, exchange rate crises, movements in foreign investment, and capital controls. In particular, the results suggest that … rising trade shares and exchange rate crises reduce labor’s share, while increasing capital intensity, capital controls and …
Persistent link: https://www.econbiz.de/10011257852
rebalancing to correct the distortions in the factor cost (labor cost and capital cost) in a harmonious way. In addition, we refer …
Persistent link: https://www.econbiz.de/10009226815
in capital stock, re-distribution of income at the expense of the wage share, and increasing lending of rentiers to … workers for consumption purposes. In particular, we specify the conditions for long-run stability of the workers’ debt-capital …
Persistent link: https://www.econbiz.de/10009325648
The severity of the financial and economic crisis which started in 2007 cannot be understood without examining the medium- to long-run developments in the world economy since the early 1980s. The following long-run causes for the crisis can be identified: inefficient regulation of financial...
Persistent link: https://www.econbiz.de/10009643758
capital accumulation and productivity growth and hence on potential growth of the economy. However, such a regime does not … of increasing shareholder power on capital accumulation via the demand regime of the economy. Both conditions have …
Persistent link: https://www.econbiz.de/10008549605
Neither the older post-Keynesian models of growth and distribution (Kaldor, J. Robinson) nor the models based on the work by Kalecki and Steindl take sufficiently account of monetary va¬riables. Starting from a non-monetary Kaleckian effective demand model by Bhaduri & Marglin in which...
Persistent link: https://www.econbiz.de/10008574608