Convergence Towards the Normal Rate of Capacity Utilization in Neo‐Kaleckian Models: The Role of Non‐Capacity Creating Autonomous Expenditures

Convergence Towards the Normal Rate of Capacity Utilization in Neo‐Kaleckian Models: The Role of Non‐Capacity Creating Autonomous Expenditures
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新卡莱克模型中向正常产能利用率的收敛:非产能创造自主支出的作用

DOI:
10.1111/meca.12109
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发表时间:
2016
期刊:
Microeconomics: Welfare Economics & Collective Decision-Making eJournal
影响因子:
--
通讯作者:
M. Lavoie
M. Lavoie
中科院分区:
--
文献类型:
--
作者:
M. Lavoie

文献摘要

被引文献

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新卡莱茨基的增长和分配模型在非正统经济学家中非常流行。这些模型的两个缺点,但是,在文献中强调:第一,该模型通常不收敛到正常的产能利用率;第二,该模型不包括动态不稳定的哈罗德原则。一些斯拉菲派经济学家长期以来一直认为,非产能创造性自主支出的存在提供了一种机制,可以将模型带回正常的产能利用率,同时维护凯恩斯主义的主要信息,而不会回到经典结论。本文提供了一个非常简单的证明,在一个新卡莱茨基模型中,动态不稳定性的哈罗德原理被自主消费者支出的存在所驯服。
Neo-Kaleckian models of growth and distribution have been highly popular among heterodox economists. Two drawbacks of these models have, however, been underlined in the literature: first, the models do not usually converge to their normal rate of capacity utilization; second, the models do not include the Harrodian principle of dynamic instability. Some Sraffian economists have long been arguing that the presence of non-capacity creating autonomous expenditures provides a mechanism that brings back the model to normal rates of capacity utilization, while safeguarding the main Keynesian message and without going back to classical conclusions. The present article provides a very simple proof of this, showing within a neo-Kaleckian model that the Harrodian principle of dynamic instability gets tamed by the presence of autonomous consumer expenditures.