Pianta, Mario; Tancioni, Massimiliano - In: Journal of Post Keynesian Economics 31 (2008) 1, pp. 101-123
relationships between innovation, productivity, and distribution are modeled and estimated by employing panel data techniques. Two … found to have positive effects on income dynamics beyond the role it has on productivity gains; it may weaken the … distribution constraint posed by the competition between profits and wages. Profits are driven by both the Schumpeterian effects of …