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Growth, Distribution and Effective Demand

Growth, Distribution and Effective Demand PDF Author: George Argyrous
Publisher: Routledge
ISBN: 1317469348
Category : Business & Economics
Languages : en
Pages : 375

Book Description
Growth, Distribution, and Effective Demand presents original essays on a variety of topics in theoretical and applied economics. The book honors the work of Edward J. Nell and develops interconnected themes that run through the modern Post-Keynesian tradition. The first part deals with the fundamental idea that economic growth is demand-driven, with special attention to policy ramifications. The second theme concerns the connection between economic growth and the structural characteristics of a market economy. These issues are closely linked to a critical tradition that calls into question key elements in orthodox economics. The final part of the book aims to buttress non-orthodox approaches to growth and distribution by critiquing particular aspects of the conventional theory, by elaborating neglected themes in non-orthodox theory, or by exploring some overlooked methodological ideas.

Growth, Distribution and Effective Demand

Growth, Distribution and Effective Demand PDF Author: George Argyrous
Publisher: Routledge
ISBN: 1317469348
Category : Business & Economics
Languages : en
Pages : 375

Book Description
Growth, Distribution, and Effective Demand presents original essays on a variety of topics in theoretical and applied economics. The book honors the work of Edward J. Nell and develops interconnected themes that run through the modern Post-Keynesian tradition. The first part deals with the fundamental idea that economic growth is demand-driven, with special attention to policy ramifications. The second theme concerns the connection between economic growth and the structural characteristics of a market economy. These issues are closely linked to a critical tradition that calls into question key elements in orthodox economics. The final part of the book aims to buttress non-orthodox approaches to growth and distribution by critiquing particular aspects of the conventional theory, by elaborating neglected themes in non-orthodox theory, or by exploring some overlooked methodological ideas.

The Economics of Demand-led Growth

The Economics of Demand-led Growth PDF Author: Mark Setterfield
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 328

Book Description
Economists from Europe, North America, and Australia challenge the notions that demand has only a transitory impact on the utilization of resources; and that the development of resources, and hence of potential output, over time is independent of demand. They argue instead that the role of demand in influencing the utilization of productive resources is chronic, and that there is no supply- determined equilibrium acting as a center of gravity toward which the level of economic activity is inevitably and inexorably drawn. The natural rate of growth, they conclude, is ultimately endogenous to the demand-determined actual rate of growth. Annotation copyrighted by Book News, Inc., Portland, OR

Effective Demand And Income Distribution

Effective Demand And Income Distribution PDF Author: Marc Jarsulic
Publisher: Routledge
ISBN: 0429698526
Category : Political Science
Languages : en
Pages : 198

Book Description
Considering ideas from various economic paradigms, namely post-Keynesian, neo-Ricardian, and neo-Marxian, this book discusses the importance of money to Keynes's analysis of effective demand and income distribution. It also considers the connections between relative prices and income distribution.

Wage-Led Growth

Wage-Led Growth PDF Author: Engelbert Stockhammer
Publisher: Springer
ISBN: 1137357932
Category : Business & Economics
Languages : en
Pages : 329

Book Description
This volume seeks to go beyond the microeconomic view of wages as a cost having negative consequences on a given firm, to consider the positive macroeconomic dynamics associated with wages as a major component of aggregate demand.

Profit Squeeze and Keynesian Theory

Profit Squeeze and Keynesian Theory PDF Author: Stephen A. Marglin
Publisher:
ISBN:
Category : Keynesian economics
Languages : en
Pages : 62

Book Description


Spectral Theory of Value and Actual Economies

Spectral Theory of Value and Actual Economies PDF Author: Theodore Mariolis
Publisher: Springer Nature
ISBN: 981336260X
Category : Business & Economics
Languages : en
Pages : 512

Book Description
This book develops a unified treatment of the income distribution–capital–value problems with respect to actual economies, and then gradually turns to the issues of effective demand and capitalist accumulation fluctuations from both political economy and economic policy perspectives. That treatment, on the one hand, places produced means of production, positive profits, and capital accumulation at the centre of the analysis and, on the other hand, is analytically based on the modern control theory. Hence, the authors’ investigation is concerned with input–output representations of actual single and joint production, heterogeneous labour, and open economies; zeroes in on the characteristic value distributions of the system matrices; and, finally, derives meaningful theoretical results consistent with the empirical evidence, and vice versa. The main topics addressed are the uncontrollable/unobservable aspects of the real-world economies, the powerful low-order spectral approximations and reconstructions of the inter-industry structure of production–value–distributive variables relationships, the critical-constructive appraisal of both “mainstream” and “radical” theories of value, the matrix demand multipliers and demand-switching policies in heterogeneous capital worlds, and the circular inter-actions amongst income distribution, effective demand, accumulation, and technical conditions of production. Written on the occasion of the 60th anniversary of the publication of both Piero Sraffa’s Production of Commodities by Means of Commodities and Rudolf E. Kalman’s paper “On the general theory of control systems”, this book provides a consistent and comprehensive framework for theoretical, empirical, and economic policy research.

Introduction to Post-Keynesian Economics

Introduction to Post-Keynesian Economics PDF Author: M. Lavoie
Publisher: Springer
ISBN: 0230626300
Category : Business & Economics
Languages : en
Pages : 165

Book Description
This book shows how the realistic foundations and stylized facts of Post-Keynesian economics give rise to macroeconomic implications that are different from those of received wisdom with regards to employment, output growth, inflation and monetary theory, and offers an alternative to neoclassical economics and its free-market economic policies.

Distribution, Effective Demand and International Economic Relations

Distribution, Effective Demand and International Economic Relations PDF Author: J. A. Kregel
Publisher: Springer
ISBN: 1349171778
Category : Business & Economics
Languages : en
Pages : 215

Book Description


Innovation, Unemployment, and Policy in the Theories of Growth and Distribution

Innovation, Unemployment, and Policy in the Theories of Growth and Distribution PDF Author: Neri Salvadori
Publisher: Edward Elgar Publishing
ISBN: 9781845428167
Category : Business & Economics
Languages : en
Pages : 344

Book Description
This book will appeal to upper level students, scholars and researchers of economics and economic growth as well as those more specifically involved in labour, microeconomics and the history of economic thought.

Growth, Distribution and Innovations

Growth, Distribution and Innovations PDF Author: Amit Bhaduri
Publisher: Routledge
ISBN: 1134103573
Category : Business & Economics
Languages : en
Pages : 80

Book Description
Idea for those studying advanced macroeconomic and written by a widely published author, this book outlines a new and more fruitful way of understanding, analyzing and formally modelling economic growth. In his series of lectures, collected here in one concise and engaging book, Amit Bhaduri draws on contemporary issues such as the role of competition policy, labour market flexibility and intellectual property rights regime in influencing the rate of economic growth to sketch an alternative approach to mainstream growth theory. He explores: the role of division of labour innovation and market structure according to Smith, Marx and Schumpter the role of class distribution of income according to Ricardo the principles of effective demand according to Keynes and Kalecki. It is an invaluable tool for anyone engaged with growth and distribution theory and technical innovation, as well as taking advanced macroeconomics.