This paper analyzes the effect of technical change on income distribution and profitability by comparing the long …-run outcomes defined by a uniform profit rate in a multisector linear economy. We study three scenarios with (i) fixed real wage …; (ii) fixed profit rate; or (iii) fixed wage-profit ratio, and show that any viable capital- using and labor …

profitability problems, and proceeds to concentrate on an analysis of issues surrounding the profitability problem in two steps …. First, evidence on profitability trends for the Nonfarm Nonfinancial Corporate Business, the Nonfinancial Corporate Business … and the Corporate Business sectors in post-War U.S. are summarized. A broad range of profit rate measures are covered and …

This paper studies, within a growth model, some effects of the inequality between the profit and growth rates on the …

accumulate. Consistent with the basic intuitions of Marx's theory of technical change, we show that there is no obvious relation …

accumulate. Consistent with the basic intuitions of Marx's theory of technical change, we show that there is no obvious relation …