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Many Capital–Output Ratios Increasing With The Interest Rate: An Industry‐Level Analysis

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  • Ian Steedman

Abstract

Whether there be few or many alternative techniques and whether there be fixed capital or only circulating capital involved, the industry‐level capital–output ratios can increase with the rate of interest.

Suggested Citation

  • Ian Steedman, 2009. "Many Capital–Output Ratios Increasing With The Interest Rate: An Industry‐Level Analysis," Metroeconomica, Wiley Blackwell, vol. 60(1), pages 150-161, February.
    • Handle: RePEc:bla:metroe:v:60:y:2009:i:1:p:150-161
    DOI: 10.1111/j.1467-999X.2008.00345.x
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    Cited by:

    1. Saverio M. Fratini, 2010. "Reswitching And Decreasing Demand For Capital," Metroeconomica, Wiley Blackwell, vol. 61(4), pages 676-682, November.
    2. Mariolis, Theodore, 2010. "Κριτική Έκθεση του "Νόμου της Πτωτικής Τάσης του Ποσοστού Κέρδους" του K. Marx: Κατανομή Εισοδήματος, Επισώρευση Κεφαλαίου και Τεχνολογική Μεταβολή στη Μακρά Περίοδο [Critical Exposition ," MPRA Paper 22461, University Library of Munich, Germany.
    3. Saverio M. Fratini, 2009. "Reswitching and Decreasing Demand for Capital in a Model with a Continuum of Linear Techniques," EERI Research Paper Series EERI_RP_2009_26, Economics and Econometrics Research Institute (EERI), Brussels.

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