The Dynamics of the Profit Rate in Spain (1954—2001)-Reference-Cited by-同舟云学术

The Dynamics of the Profit Rate in Spain (1954—2001)

Published:2007-12 Issue:4 Volume:39 Page:543-561
ISSN:0486-6134
Container-title:Review of Radical Political Economics
language:en
Short-container-title:Review of Radical Political Economics

Author:

Cámara Izquierdo Sergio¹

Affiliation:

1. Research Area of Society and Capitalist Accumulation, Department of Economics, Universidad Autónoma Metropolitana, Azcapotzalco, Mexico City,

Abstract

The article evaluates the Spanish economy from 1954 to 2001 from the standpoint of capital profitability. The profit rate combines a cyclical behavior caused by evolution of income distribution and a downward trend caused by increase in capital composition. Increase in capital composition is caused by mechanization of the economy, while the evolution of income distribution is conditioned by a particular performance of real wages. JEL classification: P-17, E-11, J-30

Publisher

SAGE Publications

Subject

Economics and Econometrics,Philosophy

Link

http://journals.sagepub.com/doi/pdf/10.1177/0486613407306822

Reference28 articles.

1. Alberdi, A. 2001. Tasa de beneficio, crecimiento económico y distribución de la renta: Una visión postkeynesiana con aplicación a la economía vasca y española en el periodo 1965—1995. Azkoaga: Cuadernos de Ciencias Sociales y Económicas 10: 137.

2. Class Conflict and Macro-Policy: The Political Business Cycle

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