Capital-labor conflict in the Harrodian model

被引：0
作者：
Takashi Ohno
机构：
[1] Doshisha University,
来源：
Evolutionary and Institutional Economics Review | 2022年 / 19卷
关键词：
Harrodian model; Capital-labor conflict; Reserve army effect; Technological change; E24; E25;
D O I：
暂无
中图分类号：
学科分类号：
摘要：
This study aims to consider the effect of capital-labor conflict in the Harrodian model. For this purpose, we incorporate a Bhaduri–Marglin-type investment function, reserve army effect, and technological change in the Harrodian model. Using this model, we find that not only both the reserve army effect and a Bhaduri–Marglin-type investment function but also technological change are needed for a stable Harrodian model. Second, the degree of technological change must lie within a specific range for the model to be stable.
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页码：301 / 317
页数：16
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