This paper develops a model of North-South trade and economic development to analyze how an increase in the growth rate of population affects the growth rate of real income per capita. We assume that the North is characterized by an increasing-returns-to-scale technology while the South is...

This paper presents a Kaleckian model of growth that incorporates endogenous technological change. The model endogenously determines the rate of capacity utilization, the rate of economic growth, income distribution, and the employment rate besides technological change. The paper shows that...

This paper presents a Kaleckian growth model that considers elements from Goodwin and Marx. The model has a system of differential equations for the rate of utilization, the profit share, and the rate of employment. We show that cyclical fluctuations occur depending on the sizes of the...

This paper presents a Kaleckian model of growth in which both technological change and income distribution are endogenously determined by inter-class conflict between capitalists and workers. Considering the adjustment speed of variables, we investigate the medium-run equilibrium and the...