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The concept of mark up in distribution and growth models

Author

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  • Luiz Antonio de Oliveira Lima

    (Professor de Economia da EAESP – FGV. São Paulo/SP, Brasil.)

Abstract

This paper aims to discuss some issues related to post-Keynesian growth anddistribution models and how the introduction of the concept of mark-up can contribute asan alternative to the distribution model and become a key feature to build a growth model.We part from the assumption that Harrod’s analysis does not mention any contribution toexplaining distribution. Kaldor aims to eliminate such limitations through the non-realisticassumption that the economy is always operating under full employment. We show how theintroduction of mark-up can be a solution to this issue. JEL Classification: E12; B22.

Suggested Citation

  • Luiz Antonio de Oliveira Lima, 1981. "The concept of mark up in distribution and growth models," Brazilian Journal of Political Economy, Center of Political Economy, vol. 1(2), pages 176-188, April.
    • Handle: RePEc:ekm:repojs:v:1:y:1981:i:2:id:96681
    DOI: 10.1590/0101-31571981-2043
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    JEL classification:

    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics

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