There has been little explicit discussion of the meaning of the output trends addressed in analyses of growth and their relation to actual magnitudes. This paper examines the weakness of the most common approach, which appears to extend the relation between theoretical and actual magnitudes used in the theories of prices and distribution automatically to the analysis of growth, and goes on to question the implied assumption that the trend of output is independent of actual fluctuations.

Trezzini, A. (2013). The meaning of output trends in the analysis of growth. In P.A. Levrero E.S. (a cura di), Sraffa and the Reconstruction of Economic Theory, Vol. II: Aggregate Demand, Policy Analysis and Growth (pp. 68-91). UK : Palgrave Macmillan, Basingstoke [10.1057/9781137319166].

The meaning of output trends in the analysis of growth

TREZZINI, ATTILIO
2013-01-01

Abstract

There has been little explicit discussion of the meaning of the output trends addressed in analyses of growth and their relation to actual magnitudes. This paper examines the weakness of the most common approach, which appears to extend the relation between theoretical and actual magnitudes used in the theories of prices and distribution automatically to the analysis of growth, and goes on to question the implied assumption that the trend of output is independent of actual fluctuations.
9781137319166
Trezzini, A. (2013). The meaning of output trends in the analysis of growth. In P.A. Levrero E.S. (a cura di), Sraffa and the Reconstruction of Economic Theory, Vol. II: Aggregate Demand, Policy Analysis and Growth (pp. 68-91). UK : Palgrave Macmillan, Basingstoke [10.1057/9781137319166].
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11590/161342
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