The Role of Investment in the Context of the Kalecki Model of Economic Growth under Socialism

Josef Goldmann
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Josef Goldmann: Economic Institute of the Czechoslovak Academy of Sciences

Chapter 9 in Economic Growth and Resources, 1980, pp 164-175 from Palgrave Macmillan

Abstract: Abstract The analysis presented in this paper is based — in part — on former work published in the sixties.2 In addition to some substantial expansion of the theoretical exposition, that publication has been brought up to date and revised in the light of new empirical data. There is in the literature of the socialist countries quite a number of growth models. Emphasis is put here — in the first sections of the paper — on the statistical implementation of one of them with a view to demonstrating the changing role of investment. This demonstration is made exclusively in terms of Czechoslovak data.

Keywords: Growth Performance; National Income; Socialist Economy; Growth Strategy; Investment Rate (search for similar items in EconPapers)
Date: 1980
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-04063-6_9

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DOI: 10.1007/978-1-349-04063-6_9

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