Relations between the two departments of production and the problem of the so-called "motive impulses"

Σταύρος Δ. Μαυρουδέας

Abstract


Certain growh and macroeconomic theories support the popular perception that htere is a primacy of the Dept. I over the Dept. II, both in actual historical reality as well as in the Marxian theory.Among the never theories,the Regulation Aproach is a well known representative of this case.The paper revieww the theorical foundations of this thesis and argues that it is erroneous both on theoretical and empirical grounds.

Keywords


Macroeconomics; Economic growth

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