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Product, capital and profit rate – industrialized countries and Latin America

Author

Listed:
  • Samuel Kilsztajn

    (Do Programa de Estudos Pós-Graduados em Economia Política – Pontifícia Universidade Católica de São Paulo – PUC-SP, São Paulo/SP, Brasil.)

Abstract

This paper compares the profits share, the capital output ratio and the rate ofprofits of five industrialized and five Latin America countries. Using data from the U.N. NationalAccounts Statistics and the Penn World Table (Mark 5.6) in American dollars and PPP(purchasing power parity), the paper also discusses the level of gross capital formation andthe relationship between rate of profits, productivity and wages. JEL Classification: E22; E11.

Suggested Citation

  • Samuel Kilsztajn, 1998. "Product, capital and profit rate – industrialized countries and Latin America," Brazilian Journal of Political Economy, Center of Political Economy, vol. 18(3), pages 424-439, July.
    • Handle: RePEc:ekm:repojs:v:18:y:1998:i:3:id:95986
    DOI: 10.1590/0101-31571998-1268
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    Keywords

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    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Kaleckian

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