Search Results - subject:"Rate of capacity utilization"

The Sraffian supermultiplier and cycles : theory and empirics

Nikiforos, Michalis; Santetti, Marcio; Von Arnim, Rudiger - In: Review of political economy 36 (2024) 5, pp. 2085-2104

Persistent link: https://www.econbiz.de/10015193495

The Sraffian supermultiplier and cycles: Theory and empirics

Nikiforos, Michalis; Santetti, Marcio; Von Arnim, Rudiger - 2021

This paper provides a theoretical and empirical reassessment of supermultiplier theory. First, we show that, as a result of the passive role it assigns to investment, the Sraffian supermultiplier (SSM) predicts that the rate of utilization leads the investment share in a dampened cycle or,...

Persistent link: https://www.econbiz.de/10012818357

The Sraffian supermultiplier and cycles: theory and empirics

Nikiforos, Michalis; Santetti, Marcio; Von Arnim, Rudiger - 2021

Persistent link: https://www.econbiz.de/10012625093

On the utilization controversy in the demand-led growth literature : a quantile unit root approach

Oliveira, Guilherme de - In: Economic modelling 126 (2023), pp. 1-12

Persistent link: https://www.econbiz.de/10014462580

Is capacity utilization variable in the long run? An agent-based sectoral approach to modeling hysteresis in the normal rate of capacity utilization

Bassi, Federico; Bauermann, Tom; Lang, Dany; … - 2020

Post Keynesian macrodynamic models make various assumptions about the normal rate of capacity utilization. Those rooted … variable that is endogenous to the actual rate of capacity utilization. This paper contributes to the debate about the normal … rate of capacity utilization by developing a model of strong or genuine hysteresis, in which firms make discrete decisions …

Persistent link: https://www.econbiz.de/10012668956

Is capacity utilization variable in the long run? : an agent-based sectoral approach to modeling hysteresis in the normal rate of capacity utilization

Bassi, Federico; Bauermann, Tom; Lang, Dany; … - 2020

Persistent link: https://www.econbiz.de/10012660731

Conflict as a closure: A Kaleckian model of growth and distribution under financialization

Raghavendra, Srinivas; Piiroinen, Petri T. - 2019

rate. The model developed here generates oscillations in the rate of capacity utilization in the short run before settling … down to its long-run value. Furthermore, the long-run value of the rate of capacity utilization falls within a range of …

Persistent link: https://www.econbiz.de/10012041675

Conflict as a closure : a Kaleckian model of growth and distribution under financialization

Raghavendra, Srinivas; Piiroinen, Petri T. - 2019

Persistent link: https://www.econbiz.de/10012039352

Is capacity utilization variable in the long run? : an agent-based sectoral approach to modeling hysteresis in the normal rate of capacity utilization

Bassi, Federico; Bauermann, Tom; Lang, Dany; … - In: Structural change and economic dynamics : SC+ED 63 (2022), pp. 196-212

Persistent link: https://www.econbiz.de/10013534288

Long-run variation in capacity utilization in the presence of a fixed normal rate

Setterfield, Mark - In: Cambridge journal of economics 43 (2019) 2, pp. 443-463

Persistent link: https://www.econbiz.de/10012102426