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EnglishThe 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.
| Titolo: | On The Origins of Non-Proportional Economic Dy-namics: A Note on Tugan-Baranowsky’s Traverse Analysis |
| Autori: | |
| Data di pubblicazione: | 2005 |
| Rivista: | |
| 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. |
| Handle: | http://hdl.handle.net/11587/102769 |
| Appare nelle tipologie: | Articolo pubblicato su Rivista |
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