Crescimento, distribuição e utilização da capacidade: um modelo neo-steindliano

Authors

  • Edward J. Amadeo

Abstract

The article presents three models of growth aril distribution. It is shown that neoKeynesian and Neo-Marxian models share a common feature, namely, the inverse relation between growth and consumption per capita, on the one hand, and the wage rate and profit rate, on the other. However, causality between these two sets of variables is inverted in the two models. In a third model (associated with the names of Kalecki and Steindl), growth and consumption Per capita, and the wage and profit rates can all change in the same direction. The essential difference between the two first models and the neo-Steindlian model lies on the assumption about capacity utilization: while in the two first utilization is fixed, in the third one it is an endogenous variable.

Published

2007-04-20