Mariolis, Theodore
(2007):
*Distribution and Growth in an Economy with Heterogeneous Capital and Excess Capacity.*
Published in: Asian-African Journal of Economics and Econometrics
, Vol. 7, No. 1-2
(January 2007): pp. 365-375.

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## Abstract

In a world of heterogeneous capital the aggregate capital-capacity 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 |
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Original Title: | Distribution and Growth in an Economy with Heterogeneous Capital and Excess Capacity |

Language: | English |

Keywords: | Aggregate capital-capacity ratio; capacity utilization; heterogeneous capital; post-Keynesian theory; Sraffian theory |

Subjects: | E - Macroeconomics and Monetary Economics > E1 - General Aggregative Models > E12 - Keynes ; Keynesian ; Post-Keynesian D - Microeconomics > D5 - General Equilibrium and Disequilibrium > D57 - Input-Output Tables and Analysis E - Macroeconomics and Monetary Economics > E1 - General Aggregative Models > E11 - Marxian ; Sraffian ; Kaleckian |

Item ID: | 24042 |

Depositing User: | Theodore Mariolis |

Date Deposited: | 23 Jul 2010 02:54 |

Last Modified: | 27 Sep 2019 01:33 |

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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/24042 |