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Financing the Capital Development of the Economy : A Keynes-Schumpeter-Minsky Synthesis
Mazzucato, Mariana - 2015
Persistent link: https://www.econbiz.de/10013023068
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The profit rate in Chile: 1900-2010
Polanco, Diego - 2019
The interest of this paper is to discuss the main features that characterize the accumulation regimes that have taken place during the twentieth century in Chile. Understanding that a set of institutionalized compromises and political con icts are inherent to any capitalist society, I rely on...
Persistent link: https://www.econbiz.de/10012113878
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Inspiration vs. perspiration in economic development of the Former Soviet Union and China : (ca. 1920 - 2010)
Leeuwen, Bas van; Didenko, Dmitry; Földvári, Péter - In: The economics of transition 23 (2015) 1, pp. 213-246
Persistent link: https://www.econbiz.de/10011343600
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Socialism: lost and regained
Wellington, Donald C. - In: International journal of social economics 25 (1998) 1, pp. 63-71
Persistent link: https://www.econbiz.de/10001237834
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Conflict in the profit-led growth model
Correa, Romar - 2015
We model the interaction between capitalists and entrepreneurs as a dynamic game. The open-loop Nash equilibrium and the closed-loop Nash equilibrium are distinguished. The purpose is to answer some questions that have arisen in the development of profit-led versus wage-led growth models. We...
Persistent link: https://www.econbiz.de/10010478518
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Comparative growth dynamics in a discrete-time Marxian circuit of capital model
Basu, Deepankar - 2011
This paper develops a discrete-time formalization of the circuit of capital model presented by Marx in Volume II of Capital Marx (1993) as a tool for aggregate economic analysis of capitalist economies. The discrete-time formalization closely follows and extends the continuous-time formalization...
Persistent link: https://www.econbiz.de/10009273096
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Medical expenditure growth and the diffusion of medical technology
Polchlopek, Justin - 2011
medical "technology"-is responsible for the majority of growth in medical expenditure. And yet, the principle means of … understanding medical technology is through the use of total factor productivity, which, despite giving reasonable estimates of the … magnitude of the effects, is not a theory of technology, leaving policymakers without effective tools for prediction. This paper …
Persistent link: https://www.econbiz.de/10008937481
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Piketty's Inequality between the Profit and Growth Rates and Its Implications for the Reproduction of Economic Elites
Benítez Sánchez, Alberto - 2017
This paper studies, within a growth model, some effects of the inequality between the profit and growth rates on the reproduction of economic elites. To this end, it considers as functions of the capital/income ratio the relations between, on the one hand, the rate of economic growth and, on the...
Persistent link: https://www.econbiz.de/10012962048
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Toward a Three-Sectoral Reproduction Model of Fixed Capital Depreciation and Investment-Driven Economic Growth : Theory and Policy Simulations from Chinese Input-Output Data
Li, Bangxi - 2020
The accelerated depreciation policy on fixed assets is a representative tax reduction policy in China. However, it is rarely systematically studied on the macro-level. This paper builds a general model for analysing accelerated depreciation. It uses China's input-output data (1987-2015) to test...
Persistent link: https://www.econbiz.de/10012824894
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Distributive conflict and the end of Brazilian economy's "Brief Golden Age"
Serrano, Franklin; Summa, Ricardo de Figueiredo - 2022
The aim of this paper is to discuss the main causes of the interruption of the process of socially inclusive growth that occurred in the Brazilian economy from the mid-2000s, which we will call the Brazilian economy's "Brief Golden Age". Our analysis is based on two central hypotheses. The first...
Persistent link: https://www.econbiz.de/10013283744