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Rate of profit in the United States and in China (2007-2014): introductory comparison of two trajectories

Author

Listed:
  • Adalmir Marquetti

    (PUC-RS)

  • Catari Vilela Chaves

    (PUC-MG)

  • Leonardo Costa Ribeiro

    (Inmetro)

  • Eduardo da Motta e Albuquerque

    (Cedeplar-UFMG)

Abstract
This paper compares data on rate of profit for the United States and China, exploring a dialogue between investigations on the average and general rates of profit (classical political economy and its modern versions) and inter-industry differences in the rate of profit (industrial economics). The comparative analysis between USA and China (2007-2014) is presented through the trajectories of national average rates of profit, the differences according to firm size, economic and manufacturing sectors. The data show a mismatch between the national average rate of profit (China has higher rates for all years, but 2014) and the rates of profit for manufacturing (USA have higher sectoral rates of profit for all years, but 2009).

Suggested Citation

  • Adalmir Marquetti & Catari Vilela Chaves & Leonardo Costa Ribeiro & Eduardo da Motta e Albuquerque, 2018. "Rate of profit in the United States and in China (2007-2014): introductory comparison of two trajectories," Textos para Discussão Cedeplar-UFMG 577, Cedeplar, Universidade Federal de Minas Gerais.
    • Handle: RePEc:cdp:texdis:td577
    as

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    File URL: https://www.cedeplar.ufmg.br/pesquisas/td/TD%20577.pdf
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    Rate of profit; different national rates of profit; inter-industry differences in profitability;
    All these keywords.

    JEL classification:

    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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