Titlebook: Spectral Theory of Value and Actual Economies; Controllability, Eff Theodore Mariolis,Nikolaos Rodousakis,George Sokli Book 2021 Springer N

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,Wrestling with Goodwin’s Distributive Growth Cycle Modelling: Theory and Empirical Evidence,umptions of a variable elasticity of substitution (VES) production function and endogenous labour productivity growth; and (ii) the implications of capital heterogeneity, providing also an empirical test using actual input–output data. It is shown that the incorporation of a VES production function

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,Marxian Distributive–Effective Demand Dynamics and the “Law” of Rising Profit Rate,technological change sub-theories. This chapter dissects and re-investigates Marx’s treatment on the basis of post-Keynesian and Sraffian frameworks. It (i) incorporates the Bhaduri–Marglin accumulation function into the Goodwin distributional conflict model, and deals with alternative, relevant ver

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