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You are looking at 1-10 of 16 items for:

Economics x General Aggregative Models x Economic Growth and Aggregate Productivity x clear all

Aggregate capital productivity in the US economy, 1964–2001

Simon Mohun.

in Cambridge Journal of Economics

September 2009; p ublished online December 2008 .

Journal Article. Subjects: Economywide Country Studies; General Aggregative Models; Economic Growth and Aggregate Productivity. 10377 words.

In the decomposition of the US macroeconomic pre-tax rate of profit as the product of profit share and capital productivity, this paper considers the role of capital productivity over the...

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Aggregate demand and the endogeneity of the natural rate of growth: evidence from Latin American economies

Gilberto A. Libânio.

in Cambridge Journal of Economics

September 2009; p ublished online January 2009 .

Journal Article. Subjects: General Aggregative Models; Prices, Business Fluctuations, and Cycles; Economic Growth and Aggregate Productivity. 8356 words.

This paper aims to explore the Keynesian idea that aggregate demand matters for economic activity, both in the short and long run. To that extent, it discusses the endogeneity of the...

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An alternative explanation of India’s growth transition: a demand-side hypothesis

Kevin S. Nell.

in Cambridge Journal of Economics

January 2013; p ublished online November 2012 .

Journal Article. Subjects: Economic Growth and Aggregate Productivity; General Aggregative Models; Development Planning and Policy; Macroeconomic Aspects of International Trade and Finance. 13662 words.

This paper formalises the balance-of-payments-constrained (BPC) growth model in a two-regime framework to re-examine India’s growth transition in 1980 from a demand-side perspective, as an...

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The Australian growth miracle: an evolutionary macroeconomic explanation

John Foster.

in Cambridge Journal of Economics

May 2016; p ublished online June 2015 .

Journal Article. Subjects: Economic Methodology; General Aggregative Models; Economic Growth and Aggregate Productivity. 9098 words.

An evolutionary macroeconomic approach is applied to explain economic growth in Australia from 1901 to 2008. Support is found for the hypothesis that there were two distinct developmental...

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Classical dynamics of disequilibrium

Carlo Benetti, Christian Bidard and Edith Klimovsky.

in Cambridge Journal of Economics

January 2007; p ublished online March 2006 .

Journal Article. Subjects: General Aggregative Models; Prices, Business Fluctuations, and Cycles; Economic Growth and Aggregate Productivity. 6579 words.

This paper studies the dynamics of a disequilibrium model of classical inspiration from a non-gravitational perspective. In each sector, capitalists decide on rates of accumulation that are...

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Corporate debt, variable retention rate and the appearance of financial fragility

Sébastien Charles.

in Cambridge Journal of Economics

September 2008; p ublished online March 2008 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; General Aggregative Models; Economic Methodology; Economic Growth and Aggregate Productivity. 4791 words.

This paper develops a formal neo-Kaleckian model of growth and distribution with excess capacity. First, we deal with the stability and uniqueness of equilibrium in the short run and make...

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Distribution, aggregate demand and productivity growth: theory and empirical results for six OECD countries based on a post-Kaleckian model

Eckhard Hein and Artur Tarassow.

in Cambridge Journal of Economics

July 2010; p ublished online November 2009 .

Journal Article. Subjects: Macroeconomics: Consumption, Saving, Production, Employment, and Investment; General Aggregative Models; Economic Growth and Aggregate Productivity. 9845 words.

Empirical research based on the Bhaduri/Marglin-variant of the Kaleckian model has recently shown that aggregate demand in many medium-sized and large open economies tends to be wage-led in...

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Growth and income distribution with the dynamics of power in labour and goods markets

Michael Assous and Amitava Krishna Dutt.

in Cambridge Journal of Economics

November 2013; p ublished online March 2013 .

Journal Article. Subjects: General Aggregative Models; Economic Growth and Aggregate Productivity. 11213 words.

The interaction between economic growth and income distribution is examined using Kaleckian/post-Keynesian models in which there are lags in investment and in which the dynamics of income...

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Homogeneity masquerading as variety: the case of horizontal innovation models

Man-Seop Park.

in Cambridge Journal of Economics

May 2007; p ublished online November 2006 .

Journal Article. Subjects: General Aggregative Models; Economic Growth and Aggregate Productivity. 7982 words.

The literature on ‘horizontal innovation’ claims to analyse cases where unbounded endogenous growth comes from an increasing variety of intermediate goods. The present paper contends that a...

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Kaldor’s ‘technical progress function’ and Verdoorn’s law revisited

John S. L. McCombie and Marta R. M. Spreafico.

in Cambridge Journal of Economics

July 2016; p ublished online June 2015 .

Journal Article. Subjects: Economic Methodology; General Aggregative Models; Economic Growth and Aggregate Productivity. 10100 words.

Kaldor put forward his technical progress function as an alternative to the neoclassical aggregate production function. It is shown that Verdoorn’s law is its empirical counterpart,...

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