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Alternative ‘Closures’ to Sraffa’s System: Some Reflections in the Light of the Changes in Functional Income Distribution in the United States

In: Sraffa and the Reconstruction of Economic Theory: Volume One

Author

Listed:
  • Antonella Stirati

Abstract

The last 30 years have witnessed a dramatic change in income distribution, with the wage share1 falling in all major industrialised countries (Figure 9.1).

Suggested Citation

  • Antonella Stirati, 2013. "Alternative ‘Closures’ to Sraffa’s System: Some Reflections in the Light of the Changes in Functional Income Distribution in the United States," Palgrave Macmillan Books, in: Enrico Sergio Levrero & Antonella Palumbo & Antonella Stirati (ed.), Sraffa and the Reconstruction of Economic Theory: Volume One, chapter 9, pages 192-217, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-31683-7_10
    DOI: 10.1057/9781137316837_10
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    Cited by:

    1. Santiago José Gahn & Alejandro González, 2022. "On the empirical content of the convergence debate: Cross‐country evidence on growth and capacity utilisation," Metroeconomica, Wiley Blackwell, vol. 73(3), pages 825-855, July.

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