Effective demand, employment and capital utilisation in the short run
通过一个两部门模型，区分了资本利用率的微观和宏观两个层面，并论证了短期内劳动和资本可能双赢。
This paper attempts to help clarify the many-faceted notion of capital utilization in the theory of effective demand. The problem is dealt with in terms of a simple two-sector model. Two aspects of capital utilization are distinguished: (1) the microeconomic aspect of the choice among alternative systems of operation of plant and equipment; and (2) the macroeconomic aspect of which proportion of the existing capital stock will actually be used. Some support is provided for the view that the short run is sometimes a "cooperative game" in which both labor and capital gain. Copyright 1990 by Oxford University Press.