The political role of the State in Cambridge theories of growth and distribution

Revista de Economia Política

Sébastien Charles¹ 

[1] ,University of Paris 8 Department of Economics

关键词: Kaldor;    Budgetary policy;    Distribution;   

DOI  :  10.1590/S0101-31572007000400004

来源: SciELO

【 摘 要 】

In this paper we extend Kaldor’s Neo-Pasinetti theorem to the scope of budgetary interventions based on political orientations. First, we take into account a system of taxes and expenditures. Second, we introduce different reaction functions for public spending showing the political role of the State in Cambridge theory of distribution. It turns out that the validity of Kaldorian results depends on the political orientation adopted by government, which diminishes the range of application of the Neo-Pasinetti theorem.

【 授权许可】

CC BY   
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