References
M. Desai (1973): Growth Cycles and Inflation in a Model of the Class Struggle, Journal of Economic Theory6, pp. 527–545.
R. M. Goodwin (1967): A Growth Cycle, in: C. H. Feinstein (ed.): Socialism, Capitalism and Economic Growth, Cambridge, pp. 54–58.
R. M. Goodwin (1983): A Note on Wage, Profits and Fluctuating Growth Rate, Cambridge Journal of Economics7, pp. 305–309.
K. Marx (1965): Capital, Moscow.
A. Medio (1980): A Classical Model of Business Cycles, in: E. J. Nell (ed.): Growth, Profit and Property, Cambridge, pp. 173–186.
M. T. Pohjola (1981): Stable, Cyclic and Chaotic Growth: The Dynamics of a Discrete-Time Version of Goodwin's Growth Cycle Model, Zeitschrift für Nationalökonomie41, pp. 27–38.
Y. Shinkai (1960): On Equilibrium Growth of Capital and Labor, International Economic Review1, pp. 107–111.
K. Velupillai (1979): Some Stability Properties of Goodwin's Growth Cycle, Zeitschrift für Nationalökonomie39, pp. 245–257.
E. Wolfstetter (1977): Wert, Profitrate und Beschäftigung, Frankfurt-New York.
Author information
Authors and Affiliations
Additional information
The author is grateful to anonymous referees for helpful comments on the original version of this paper. And the author is greatly indebted to Prof. N. Okishio (Kobe University) for advise and inspiration, but retains responsibility for any remaining errors and ommissions.
Rights and permissions
About this article
Cite this article
Sato, Y. Marx-Goodwin growth cycles in a two-sector economy. Zeitschr. f. Nationalökonomie 45, 21–34 (1985). https://doi.org/10.1007/BF01283152
Received:
Revised:
Issue Date:
DOI: https://doi.org/10.1007/BF01283152