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Profitability Trends and Cycles: Structural Change in the Mexican Economy

Author

Listed:
  • Ortiz C. Etelberto

    (Universidad Autónoma Metropolitana–Xochimilco, San Nicolas Totolapan, Contreras C.P. 10900, Mexico D.F., Mexico; eortiz@correo.xoc.uam.mx)

Abstract

The article presents a heterodox analysis of the rate of profit. The method is especially useful in situations when there is no reliable information on capital stocks. The article assesses two methods in the Mexican economy: a standard Marxian approach and the author's proposed alternative, labeled profitability trends. The new method can also be used to determine sectoral estimates of profitability.

Suggested Citation

  • Ortiz C. Etelberto, 2005. "Profitability Trends and Cycles: Structural Change in the Mexican Economy," Review of Radical Political Economics, Union for Radical Political Economics, vol. 37(2), pages 215-232, June.
    • Handle: RePEc:sae:reorpe:v:37:y:2005:i:2:p:215-232
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    Cited by:

    1. Robert Blecker, 2007. "External Shocks, Structural Change, and Economic Growth in Mexico, 1979-2006," Working Papers wp157, Political Economy Research Institute, University of Massachusetts at Amherst.
    2. Vaona, Andrea, 2011. "Profit rate dynamics, income distribution, structural and technical change in Denmark, Finland and Italy," Structural Change and Economic Dynamics, Elsevier, vol. 22(3), pages 247-268, September.

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