Profit rates in the developed capitalist economies: a time series investigation

This paper examines whether there is empirical evidence to support the hypothesis of a secular decline in the economy-wide profit rates, as predicted by classical economic theories. We specifically consider profit rates in the OECD economies based on the national accounts data contained in the Exte...

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Bibliographic Details
Main Author: Ivan D. Trofimov
Format: Article
Language:English
Published: Associazione Economia civile 2017-07-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/13907