Mariolis, Theodore (2007): Distribution and Growth in an Economy with Heterogeneous Capital and Excess Capacity. Published in: AsianAfrican Journal of Economics and Econometrics , Vol. 7, No. 12 (January 2007): pp. 365375.

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Abstract
In a world of heterogeneous capital the aggregate capitalcapacity ratio can change in a complicated way as the real wage rate changes and, therefore, nothing useful can be said, a priori, about the relationships between the real wage rate (or the aggregate profit share), the degree of capacity utilization and the rates of profit, capital accumulation and interest.
Item Type:  MPRA Paper 

Original Title:  Distribution and Growth in an Economy with Heterogeneous Capital and Excess Capacity 
Language:  English 
Keywords:  Aggregate capitalcapacity ratio; capacity utilization; heterogeneous capital; postKeynesian theory; Sraffian theory 
Subjects:  E  Macroeconomics and Monetary Economics > E1  General Aggregative Models > E12  Keynes; Keynesian; PostKeynesian D  Microeconomics > D5  General Equilibrium and Disequilibrium > D57  InputOutput Tables and Analysis E  Macroeconomics and Monetary Economics > E1  General Aggregative Models > E11  Marxian; Sraffian; Institutional; Evolutionary 
Item ID:  24042 
Depositing User:  Theodore Mariolis 
Date Deposited:  23. Jul 2010 02:54 
Last Modified:  15. Feb 2013 16:33 
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URI:  http://mpra.ub.unimuenchen.de/id/eprint/24042 