The Pasinetti and Anti-Pasinetti Theorems: A Reply

Mauro Baranzini

Oxford Economic Papers, 1991, vol. 43, issue 2, 195-98

Abstract: In this paper, the author assesses the significance and relevance of Miyazaki's and Samuelson's papers concerning the validity of the results of a previous paper of the author's that appeared in the same Review in 1975. In particular, the author confirms the validity of the two solutions (corresponding to the Pasinetti and anti-Pasinetti distribution theorem) reached in his 1975 paper. Additionally the significance of the two solutions is examined again (and independently of the well-behaved production function) and they are studied with reference to the share of the capital stock of the two classes in the total capital stock of the system. Copyright 1991 by Royal Economic Society.

Date: 1991
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