The Falling Rate of Profits in West Germany: The Manufacturing and the Non-Manufacturing Sectors - Couverture souple

UFUK TUTAN, MEHMET

 
9783836496025: The Falling Rate of Profits in West Germany: The Manufacturing and the Non-Manufacturing Sectors
Couverture souple
ISBN 10 : 383649602X ISBN 13 : 9783836496025
Editeur : VDM Verlag Dr. Mueller E.K., 2008

Synopsis

The profit rate has long been understood to be a crucial indicator of the health of a capitalist economy. Empirical studies traditionally looked at the manufacturing sector because of lack of data for the rest of the economy. This book investigates the economy-wide rate of profit, the manufacturing and the non manufacturing sectors in West Germany from 1960 to unification. The study finds significantly different behavior between the manufacturing and the non manufacturing sectors, revealing a serious limitation of any simple aggregate studies of the West German profit rate. The book considers the profit share and output-capital ratio as determinants of changes in the profit rates. It develops a simple way to graphically present them so a reader can immediately see their relative contributions to the changes in the profit rate. This study supports the claim that profit rate declines and restorations were dominantly, though not exclusively, caused by wage changes as opposed to technological changes, and particularly so in the manufacturing sector where unions were stronger. The book also summarizes the main empirical studies of the USA economy`s profit rate between 1960 and 1990.

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À propos de l?auteur

Mehmet Ufuk Tutan, Ph.D., M.Sc, B.S (Economics), M.A. (International Relations), M.Sc. (Science and Technology) Assistant Professor, Izmir University of Economics, Turkey. Economy Adviser, Izmir Chamber of Commerce.Previous Employment:University of Utah; Westminster College, Utah; Middle East Technical University and Bilkent University, Turkey

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
VDM Verlag Dr. Mueller E.K.
Date d'édition
2008
Langue
anglais
ISBN 10 
383649602X
ISBN 13 
9783836496025
Reliure
Broché
Nombre de pages
128
Coordonnées du fabricant
non disponible
Personne responsable
non disponible