Measuring the Profit Rate in an Inflationary Context: The Case of Brazil, 1955–2008

Marquetti, Adalmir; Morrone, Henrique; Miebach, Alessandro Donadio; Ourique, Luiz Eduardo

doi:10.1177/0486613416689834

Cited by 13 publications

(11 citation statements)

References 8 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…The struggle for equality series to a quarterly frequency based on a constant-prices series could potentially bias the result. It would, of course, be useful to compare different estimates of the profit rate to further assess the robustness of the present results, following for instance the effort by Marquetti et al (2019). 3.…”

Section: Discussionmentioning

confidence: 99%

The Long Expansion and the Profit Squeeze: Output and Profit Cycles in Brazil (1996–2016)

Martins

Rugitsky

2021

Review of Radical Political Economics

View full text Add to dashboard Cite

The present paper argues that the recent Brazilian crisis was related to a cyclical profit squeeze that took place between 2009 and 2014, following the long expansion that started in 2003. To do so, the cyclical trajectories of the output and the profit rate in the Brazilian economy for the period between 1996 and 2016 are examined by resorting to the framework established by Weisskopf (1979). The results indicate that profit squeezes are rare in the Brazilian economy, possibly due to the truncated character of the business cycles’ expansions. However, a profit squeeze did take place in the last cycle, partly as a result of the commodities boom, which attenuated the foreign vulnerability of the economy and allowed for a longer than usual expansion. JEL classification: B50, B51,E32

show abstract

Section: Discussionmentioning

confidence: 99%

The Long Expansion and the Profit Squeeze: Output and Profit Cycles in Brazil (1996–2016)

Martins

Rugitsky

2021

Review of Radical Political Economics

View full text Add to dashboard Cite

show abstract

“…For some years, this ratio can be greater than one. Marquetti et al (2019) present further information on the construction of the variables. notes 1.…”

Section: Appendix: the Profit Rate And Its Componentsmentioning

confidence: 99%

Profitability and Distribution: The Origin of the Brazilian Economic and Political Crisis

Marquetti¹,

Hoff²,

Miebach³

2019

Latin American Perspectives

Self Cite

View full text Add to dashboard Cite

The PT governments combined elements of developmentalism and neoliberalism in a contradictory construction, organizing a large political coalition of workers and capitalists that allowed expanding the real wage and reducing poverty and inequality while maintaining the gains of productive and financing capitals. The decline of profitability after the 2008 crisis broke the class coalition constructed during Lula’s administration. The Dilma Rousseff government adopted a series of fiscal stimuli for private capital accumulation with meager economic growth. After her reelection, the government implemented an austerity program that resulted in negative growth rates. With the deepening economic crisis and without political support, Rousseff was removed from power. Os governos do PT combinaram elementos de desenvolvimentismo e neoliberalismo em uma construção contraditória, organizando uma grande coalizão política de trabalhadores e capitalistas que permitiu expandir o salário real e reduzir a pobreza e a desigualdade, mantendo os ganhos dos capitais produtivos e financeiros. O declínio da lucratividade após a crise de 2008 quebrou a coalizão de classes construída durante o governo Lula. O governo Dilma Rousseff adotou uma série de estímulos fiscais para a acumulação de capital privado com escasso crescimento econômico. Após sua reeleição, o governo implementou um programa de austeridade que resultou em taxas de crescimento negativas. Com o aprofundamento da crise econômica e sem apoio político, Dilma foi afastada do poder.

show abstract

“…В статье А. Маркетти, Х. Морроне, А. Мибаха и Л. Орика анализируются норма прибыли и влияние на неё инфляции в Бразилии в 1955-2008 гг. в текущих и постоянных ценах [27].…”

Section: отечественная историяunclassified

Budget of the Russian Empire for 1803-1913: Methodology to Reconstruct Long Time Series

Akasheva¹,

Sokolov²

2019

Manuscript

View full text Add to dashboard Cite

В статье предложена и апробирована методика приведения бюджета Российской империи в 1803-1913 гг. к единым, сопоставимым показателям. Был получен реконструированный длинный временной ряд за 111 лет по совокупной доходно-расходной части государственного бюджета. На примере обыкновенных расходов страны было проиллюстрировано и объяснено расхождение между номинальными и реальными данными. В заключении обозначены перспективы практического применения методики. Реконструированный и номинальный ряд по бюджету доступен в Интернете в виде файла программы MS Excel для использования в научных и образовательных целях всеми заинтересованными лицами. Адрес статьи: www.

show abstract

Measuring the Profit Rate in an Inflationary Context: The Case of Brazil, 1955–2008

Cited by 13 publications

References 8 publications

The Long Expansion and the Profit Squeeze: Output and Profit Cycles in Brazil (1996–2016)

The Long Expansion and the Profit Squeeze: Output and Profit Cycles in Brazil (1996–2016)

Profitability and Distribution: The Origin of the Brazilian Economic and Political Crisis

Budget of the Russian Empire for 1803-1913: Methodology to Reconstruct Long Time Series

Contact Info

Product

Resources

About