Pasinetti's 'Structural Change and Economic Growth': A Conceptual Excursus

Nadia Garbellini, Ariel Luis Wirkierman

Risultato della ricerca: Contributo in rivistaArticolo in rivista

3 Citazioni (Scopus)

Abstract

A clear and organic exposition of Pasinetti's theoretical framework of Structural Change and Economic Growth has been prevented by misunderstandings and ambiguities concerning basic categories and terminology. The pre-institutional character of the approach, the nature of its equilibrium paths and the significance - and normative character - of the 'natural' economic system are some of the most controversial issues. The aim of this article is to present a conceptual excursus of the model to establish a solid foundation for fruitful discussions to be held with other Classical approaches.
Lingua originaleEnglish
pagine (da-a)234-257
Numero di pagine24
RivistaReview of Political Economy
Volume26
DOI
Stato di pubblicazionePubblicato - 2014

Keywords

  • Vertically (hyper-)integrated sectors, functional income distribution, natural rates of profit, natural economic system, pure labour theory of value

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