Uma generalização do modelo de Pasinetti e sua condição de estabilidade

Abstract

We discuss the main controversies related to the so-called Kaldor-Pasinetti process and we extend the recent version of Pasinentti's approach (1989), taking into account the international trade as well as the active participation of the government in the economy. Our extension keeps the essential features of such a "family" of models We also prove the conditions of stability and show that the fundamental variable in the determination of the rate of profits is, effectively, the propensity to save of capitalists - corrected by effects of taxes and possible unbalanced budget. Furthermore, in an open economy, such determination of profit rate includes the possibility of disequilibrium in the Balance of Payments in Current Account - as such forces affect the aggregate saving. Finally, we show that the main models of the "Kaldor-Pasinetti family" are,. special cases of our generalization.