Profit sharing and its effect on income distribution and output: a Kaleckian approach
用卡莱茨基模型分析利润分享对经济的影响,发现其效果取决于生产率提升效应的强弱,并通过数值模拟展示了不同情况下对收入分配的影响。
This study investigates how profit sharing influences the economy by using a Kaleckian model. Unlike existing research, I endogenise the profit share. The analysis shows that profit sharing decreases or increases the equilibrium capacity utilisation rate depending on whether the productivity-enhancing effect of profit sharing is weak or strong. Moreover, the presented numerical simulations show that the profit-sharing effects on income distributions differ according to the relative strength of the productivity-enhancing effect of profit sharing.