Rate of profit in the United States and in China (2007-2014): introductory comparison of two trajectories

Adalmir Marquetti, Catari Chaves, Leonardo Ribeiro and Eduardo Albuquerque
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Catari Chaves: PUC-MG
Leonardo Ribeiro: Inmetro

No 577, Textos para Discussão Cedeplar-UFMG from Cedeplar, Universidade Federal de Minas Gerais

Abstract: This paper compares data on rate of profit for the United States and China, exploring a dialogue between investigations on the average and general rates of profit (classical political economy and its modern versions) and inter-industry differences in the rate of profit (industrial economics). The comparative analysis between USA and China (2007-2014) is presented through the trajectories of national average rates of profit, the differences according to firm size, economic and manufacturing sectors. The data show a mismatch between the national average rate of profit (China has higher rates for all years, but 2014) and the rates of profit for manufacturing (USA have higher sectoral rates of profit for all years, but 2009).

Keywords: Rate of profit; different national rates of profit; inter-industry differences in profitability (search for similar items in EconPapers)
JEL-codes: O33 P16 (search for similar items in EconPapers)
Pages: 33 pages
Date: 2018-03
New Economics Papers: this item is included in nep-cna, nep-eff and nep-hme
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