inconsistencies between theoretical predictions and empirical facts: the rate of capacity utilisation data often exhibit a greater … the utilisation rate. The idea is as follows: an increase of the profit share implies a decrease of the rate of capacity … utilisation which then involves a rise in capital scrapping (or in the rate of bankruptcies). …

In this paper we propose a straightforward method to derive a non-accelerating inflation capacity utilisation rate … (NAICU) based on micro data. We condition the current capacity utilisation of firms on their current and planned price … adjustments. The non-accelerating inflation capacity utilisation rate is then defined as the rate where a firm feels no price …

We derive a non-inflationary rate of capacity utilisation (NIRCU)—as recently proposed by Köberl and Lein (Can J Econ … from 1996 to 2011. By conditioning the current capacity utilisation of firms on their current and planned price adjustments …, a micro-level NIRCU is defined as the level of capacity utilisation at which there is no need for the firm to adjust its …

capacity utilisation models with the annual data of 30 provinces from 2006 to 2011. With the theoretical and empirical evidence … the market demand signal of the capacity utilisation for the power firms to make long-run investment decisions. …

In Kaleckian models of distribution and growth the equilibrium rate of capacity utilisation may persistently diverge … credit economy seriously, the 'normal rate' of capacity utilisation is endogenous to distribution conflict and monetary …