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The concept of mark up in distribution and growth models

Luiz Antonio de Oliveira Lima ()

Brazilian Journal of Political Economy, 1981, vol. 1, issue 2, 176-188

Abstract: This paper aims to discuss some issues related to post-Keynesian growth anddistribution models and how the introduction of the concept of mark-up can contribute asan alternative to the distribution model and become a key feature to build a growth model.We part from the assumption that Harrod’s analysis does not mention any contribution toexplaining distribution. Kaldor aims to eliminate such limitations through the non-realisticassumption that the economy is always operating under full employment. We show how theintroduction of mark-up can be a solution to this issue. JEL Classification: E12; B22.

Keywords: Post-Keynesianism; mark-up; Harrod; Kaldor; growth model (search for similar items in EconPapers)
Date: 1981
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