Vol. 1 No. 2 (1981)
Apr-Jun / 1981
Published April 1, 1981
How to Cite
Lima, Luiz Antonio de Oliveira. 1981. “The Concept of Mark up in Distribution and Growth Models”. Brazilian Journal of Political Economy 1 (2):176-88. https://doi.org/10.1590/0101-31571981-2043.
The concept of mark up in distribution and growth models
Abstract
This paper aims to discuss some issues related to post-Keynesian growth and
distribution models and how the introduction of the concept of mark-up can contribute as
an alternative to the distribution model and become a key feature to build a growth model.
We part from the assumption that Harrod’s analysis does not mention any contribution to
explaining distribution. Kaldor aims to eliminate such limitations through the non-realistic
assumption that the economy is always operating under full employment. We show how the
introduction of mark-up can be a solution to this issue.
JEL Classification: E12; B22.
Keywords: Post-Keynesianism mark-up Harrod Kaldor growth model