on the dynamics of profitability to describe its reproductive patterns. In light of this analysis, I argue that the main … accumulation regimes, the neoliberal period relies on reproductive patterns of profitability that makes it highly stable. …

unit labor costs, and therefore increases profit rates. Using a dataset of 130 countries for 1990-2019, this paper shows … that while FLFP increases profit share in highincome countries, it reduces in middle-income countries. However, for both … middle- and highincome countries, FLFP cannot prevent the overall tendency in profit rates to decline caused by a consistent …

In this paper we present estimates of the world profit rate using country-level data from the Extended Penn World Table … 7.0 and industry-level data from the World Input Output Database. The country-aggregated world profit rate series spans … the period from 1960 to 2019, and the industry-aggregated world profit rate series runs from 2000 to 2014. The country …

This paper analyzes the effect of technical change on income distribution and profitability by comparing the long …-run outcomes defined by a uniform profit rate in a multisector linear economy. We study three scenarios with (i) fixed real wage …; (ii) fixed profit rate; or (iii) fixed wage-profit ratio, and show that any viable capital- using and labor …

I study the effect of technical change on the equilibrium profit rate in Classical-Marxian models of economic growth … profit rate given their expectations about the movement of the real wage rate. The accumulation rate depends on a threshold … rate of profit, below which capitalists do not invest. I consider three alternative closures: (a) a constant real wage rate …

evolution of the rate of profit. The model explains how the tendency of the rate of profit to fall may emerge in a form of … simultaneous profit maximization for individual firms and even for the entire sector they belong. Both results may provide new …