Marquetti, Adalmir; Miebach, Alessandro; Morrone, Henrique - In: PSL quarterly review 78 (2025) 312, pp. 95-114
-capital ratio, and capacity utilization, leading to higher profitability. However, the impact of terms of trade on profit rates is …This paper explores the intricate relationship between profit rates, exchange rates, and terms of trade in the … Brazilian economy from 2000 to 2023. Building on Weisskopf's (1979) decomposition of the profit rate, we demonstrate how …