Rate of Profit in the United States and in China (2007–2014): A Look at Two Trajectories and Strategic Sectors

Adalmir Marquetti, Catari Vilela Chaves, Leonardo Costa Ribeiro and Eduardo Albuquerque

Review of Radical Political Economics, 2021, vol. 53, issue 1, 116-142

Abstract: This paper investigates the turbulent behavior that might exist under a national average rate of profit. We use a database—ORBIS—that allows our investigation to start from the level of the firm, with data from 2007 to 2014. A comparison between the United States and China organizes the statistical description of the rates of profit in those countries. Three issues are investigated: the trajectories of the national average rate of profit and their disaggregation; the distribution of different rates of profit by firms, economic sectors, and manufacturing sectors, and the stability of those distributions over time.

Keywords: rate of profit; different national rates of profit; intersectoral differences in profitability (search for similar items in EconPapers)
JEL-codes: O33 P16 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:53:y:2021:i:1:p:116-142

DOI: 10.1177/0486613420917683

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