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The Post-Keynesian Theories of Growth and Distribution: A Survey

In: Handbook of Alternative Theories of Economic Growth

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  • Heinz D. Kurz
  • Neri Salvadori

Abstract

Comprising specially commissioned essays, the Handbook provides a comprehensive overview of alternative theories of economic growth. It surveys major sub-fields (including classical, Kaleckian, evolutionary, and Kaldorian growth theories) and highlights cutting-edge issues such as the relationship between finance and growth, the interplay of trend and cycle, and the role of aggregate demand in the long run.

Suggested Citation

  • Heinz D. Kurz & Neri Salvadori, 2010. "The Post-Keynesian Theories of Growth and Distribution: A Survey," Chapters, in: Mark Setterfield (ed.), Handbook of Alternative Theories of Economic Growth, chapter 4, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:12814_4
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    File URL: https://www.elgaronline.com/view/9781847204028.00010.xml
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    References listed on IDEAS

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    1. Fazi, Elido & Salvadori, Neri, 1985. "The Existence of a Two-Class Economy in a General Cambridge Model of Growth and Distribution," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 9(2), pages 155-164, June.
    2. Nicholas Kaldor, 1955. "Alternative Theories of Distribution," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 23(2), pages 83-100.
    3. Luigi L. Pasinetti, 1962. "Rate of Profit and Income Distribution in Relation to the Rate of Economic Growth," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 29(4), pages 267-279.
    4. Mark Setterfield (ed.), 2002. "The Economics of Demand-Led Growth," Books, Edward Elgar Publishing, number 1864.
    5. Balestra, Pietro & Baranzini, Mauro, 1971. "Some Optimal Aspects in a Two Class Growth Model with a Differentiated Interest Rate," Kyklos, Wiley Blackwell, vol. 24(2), pages 240-256.
    6. Bhaduri, Amit & Marglin, Stephen, 1990. "Unemployment and the Real Wage: The Economic Basis for Contesting Political Ideologies," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 14(4), pages 375-393, December.
    7. Neri Salvadori (ed.), 2003. "The Theory of Economic Growth," Books, Edward Elgar Publishing, number 2741.
    8. Morishima, Michio, 1969. "Theory of Economic Growth," OUP Catalogue, Oxford University Press, number 9780198281641.
    9. A.K.Dutt, 1986. "Growth, distribution and technological change," Textos para discussão 132, Department of Economics PUC-Rio (Brazil).
    10. B. J. Moore, 1974. "The Pasinetti Paradox Revisited," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 41(2), pages 297-299.
    11. Fazi, Elido & Salvadori, Neri, 1981. "The Existence of a Two-Class Economy in the Kaldor Model of Growth and Distribution," Kyklos, Wiley Blackwell, vol. 34(4), pages 582-592.
    12. Nicholas Kaldor, 1966. "Marginal Productivity and the Macro-Economic Theories of Distribution: Comment on Samuelson and Modigliani," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 33(4), pages 309-319.
    13. Franke, Reiner, 1985. "On the Upper- and Lower-Bounds of Workers' Propensity to Save in a Two-Class Pasinetti Economy," Australian Economic Papers, Wiley Blackwell, vol. 24(45), pages 271-277, December.
    14. Chiang, Alpha C, 1973. "A Simple Generalization of the Kaldor-Pasinetti Theory of Profit Rate and Income Distribution," Economica, London School of Economics and Political Science, vol. 40(159), pages 311-313, August.
    15. A. Maneschi, 1974. "The Existence of a Two-class Economy in the Kaldor and Pasinetti Models of Growth and Distribution," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 41(1), pages 149-150.
    16. Luigi L. Pasinetti, 1983. "Conditions of Existence of a Two Class Economy in the Kaldor and More General Models of Growth and Income Distribution," Kyklos, Wiley Blackwell, vol. 36(1), pages 91-102, August.
    17. Bidard, Christian & Hosoda, Eiji, 1987. "On Consumption Baskets in a Generalized von Neumann Model," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 28(2), pages 509-519, June.
    18. Paul A. Samuelson & Franco Modigliani, 1966. "The Pasinetti Paradox in Neoclassical and More General Models," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 33(4), pages 269-301.
    19. Pietro Balestra & Mauro Baranzini, 1971. "Some Optimal Aspects In A Two Class Growth Model With A Differentiated Interest Rate," Kyklos, Wiley Blackwell, vol. 24(2), pages 240-256, May.
    20. Joan Robinson, 1969. "A Further Note," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 36(2), pages 260-262.
    21. Luigi L. Pasinetti, 1966. "New Results in an Old Framework: Comment on Samuelson and Modigliani," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 33(4), pages 303-306.
    22. Steindl, Josef, 1979. "Stagnation Theory and Stagnation Policy," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 3(1), pages 1-14, March.
    23. Marc Lavoie, 2003. "Kaleckian Effective Demand and Sraffian Normal Prices: Towards a reconciliation," Review of Political Economy, Taylor & Francis Journals, vol. 15(1), pages 53-74.
    24. Salvadori, Neri, 1988. "The Existence of a Two-Class Economy in a General Cambridge Model of Growth and Distribution: An Addendum," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 12(2), pages 273-278, June.
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    Cited by:

    1. Puente-Ajovin, Miguel, 2013. "Distribución Funcional De La Renta: Teorías Y Evidencia Empírica [Functional Distribution of Income: Theories and Empirical Evidence]," MPRA Paper 49304, University Library of Munich, Germany.
    2. Rotta, Tomás N., 2021. "Effective Demand and Prices of Production: An Evolutionary Approach," Structural Change and Economic Dynamics, Elsevier, vol. 58(C), pages 90-105.
    3. Reto Foellmi & Josef Zweimüller, 2017. "Is inequality harmful for innovation and growth? Price versus market size effects," Journal of Evolutionary Economics, Springer, vol. 27(2), pages 359-378, April.

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