A note on the organic composition of capital and profit rates
Article Abstract:
A substantial evidence from the US economy regarding a substantial negative association between organic composition and profit rate across sectors, is presented. This is against the widely held belief that the rate of profit across industrial sectors is independent of the sectoral organic composition of capital.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2003
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What's behind the rise in profitability in the US in the 1980s and 1990s
Article Abstract:
Profitability in the US has been rising since the early 1980s and was at its highest level by 1997. The effect of changes in the profit share and capital intensity, as well as structural changes, on profit movements between the period 1947 and 1997 is examined.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2003
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Innovation and growth: supply and demand factors in the recent US expansion
Article Abstract:
There is a focus on both demand and supply in the model of innovation and growth. No strong evidence suggests that deregulated labor and product markets promote the US growth.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2003
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