The article deals with some aspects of Tugan-Baranowsky’s contribution. Section 1 presents a brief explanation of Tugan’s disproportionality crisis theory. Section 2 gives a brief account of Tugan’s business cycle theory, since, as the author maintained, the latter would be organically connected with his disproportionality theory. Section 3 is devoted to Tugan’s analysis of an economic system in the presence of different intersectoral growth rates: unbalanced growth is assured by a traverse along which surplus value migrates to the sector which grows faster. In the concluding section, we maintain that Tugan-Baranowsky comes out as a pioneer in the field of non-proportional economic dynamics.

On The Origins of Non-Proportional Economic Dy-namics: A Note on Tugan-Baranowsky’s Traverse Analysis

COLACCHIO, GIORGIO
2005

Abstract

The article deals with some aspects of Tugan-Baranowsky’s contribution. Section 1 presents a brief explanation of Tugan’s disproportionality crisis theory. Section 2 gives a brief account of Tugan’s business cycle theory, since, as the author maintained, the latter would be organically connected with his disproportionality theory. Section 3 is devoted to Tugan’s analysis of an economic system in the presence of different intersectoral growth rates: unbalanced growth is assured by a traverse along which surplus value migrates to the sector which grows faster. In the concluding section, we maintain that Tugan-Baranowsky comes out as a pioneer in the field of non-proportional economic dynamics.
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Utilizza questo identificativo per citare o creare un link a questo documento: http://hdl.handle.net/11587/102769
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