Author
Abstract
[fre] Cet article essaie de formaliser l'idée que les classiques se font des transferts de capitaux entre secteurs d'activité, motivés par des différentiels de taux de profit. D'une part, il tire les conséquences conceptuelles de cette formalisation : 1) il y a trois degrés de spécification du modèle classique où peut être traitée la question des transferts ; 2) il y a deux logiques dans le mouvement économique, l'une technologique et l'autre financière, correspondant à deux types de crises. Les crises financières peuvent être résolues par une modification des techniques ou par un changement du comportement des capitalistes. Mais les crises technologiques ne peuvent être surmontées que par une modification des techniques. D'autre part, il montre au degré de spécification le moins contraignant que, selon les conditions initiales, le mouvement économique avec transferts peut diverger, atteindre des états périodiques stationnaires ou converger vers une position naturelle. [eng] This article means to formulate the classical ideas about transferring capitals from one employment to another according to the rates of profit. First, the conceptual consequences of this formulation are established : 1) there are three theoretical levels, specified by three different sets of assumptions, where this question may be considered ; 2) there are two distinct though connected mechanisms (technological, financial), corresponding to two types of crises. A financial crisis can be overcome either by a technological change or by a new financial behaviour of the capitalists. But the only solution to a technological crisis is a change in technology. Second, it is shown at the less binding level that, according to the initial conditions, the economy may go to a crisis, reach a stationary periodic state, or converge to a natural position.
Suggested Citation
Michel Rosier, 1986.
"Les transferts de capitaux dans un modèle classique,"
Cahiers d'Économie Politique, Programme National Persée, vol. 12(1), pages 105-128.
Handle:
RePEc:prs:caecpo:cep_0154-8344_1986_num_12_1_1032
DOI: 10.3406/cep.1986.1032
Note: DOI:10.3406/cep.1986.1032
Download full text from publisher
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prs:caecpo:cep_0154-8344_1986_num_12_1_1032. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
We have no bibliographic references for this item. You can help adding them by using this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Equipe PERSEE (email available below). General contact details of provider: https://www.persee.fr/collection/cep .
Please note that corrections may take a couple of weeks to filter through
the various RePEc services.