As well-known, the canonical Neo-Kaleckian growth model fails to reconcile actual and normal rates of utilization in … equilibrium. Some recent contributions revive an old proposal for solving this problem - making the normal rate of utilization an … endogenous variable that converges to the actual utilization rate - justifying it with new, micro-founded premises. We argue that …

This paper has the specific objective of determining main factors of capacity utilization in the food and beverage … capacity utilization of firms are shortage of raw materials, lack of specialized technology, tax administration and standards …; no factor favors significantly the capacity utilization in this sub sector; (ii) in the beverage manufacturing industry …