The Composition of Investment under Conditions of Non Uniform Changes

  • Joseph Halevi


This paper will discuss Professor Adolph Lowe’s analysis of an economy subject to discontinuous changes, in relation to some aspects of the works by Maurice Dobb and Michał Kalecki on socialist planning.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. BARAN, P.A. (1969), “National Economic Planning,” in The Longer View, Monthly Review Press, New York.Google Scholar
  2. BOUNIATAN, M. (1928), “The Theory of Economic Cycles Based on the Tendency Towards Excessive Capitalization,” in Review of Economics and Statistics, February.Google Scholar
  3. DOBB, M.H. (1960), An Essay on Economic Growth and Planning, Routledge and Kegan Paul, London.Google Scholar
  4. DOBB, M.H. (1967), “The question of ‘Investment-priority for Heavy, Industry’,” in Papers on Capitalism, Development and Planning, International Publishers, New York.Google Scholar
  5. ERLICH, A. (1960), The Soviet Industrialization Debate, Harvard University Press, Cambridge, Mass.Google Scholar
  6. ERLICH, A. (1978), “Dobb and Marx-Fel’dman model: A Problem in Soviet Economic Strategy,” in Cambridge Journal of Economics, vol. 2, no. 2, June.Google Scholar
  7. GOLDMANN, J. (1965), “Short and Long Term Variations in the Growth Rate and the Model of Functioning of a Socialist Economy,” in Czechoslovak Economic Papers, no. 5.Google Scholar
  8. ILO (1977), Poverty and Landlessness in Rural Asia.Google Scholar
  9. KALDOR, N. (1960), “Stability and Full Employment” in Essays on Economic Stability and Growth, Duckworth, London, (originally published in The Economic Journal, December 1938).Google Scholar
  10. KALECKI, M. (1971), Selected Essays on the Dynamics of the Capitalist Economy, 1933–1970, Cambridge University Press, Cambridge, (U.K.).Google Scholar
  11. KALECKI, M. (1972), Selected Essays on the Economic-Growth of the Socialist and the Mixed Economy, Cambridge University Press, Cambridge (U.K.).Google Scholar
  12. LANGE, O. (1969), “The Computer and the Market, in Socialism, Capitalism and Economic Growth, Essays presented to Maurice Dobb, ed. by C.H. Feinstein, Cambridge University Press, Cambridge, (U.K.).Google Scholar
  13. LOWE, A. (1955), “Structural Analysis of Real Capital Formation,” in Capital Formation and Economic Growth (a Conference of the Universities — National Bureau Committee for Economic Research), Princeton.Google Scholar
  14. LOWE, A. (1976), The Path of Economic Growth. Cambridge University Press, Cambridge (U.K.).CrossRefGoogle Scholar
  15. MERHAV, M. (1969), Technological Dependence, Monopoly and Growth. Pergamon Press, New York.Google Scholar
  16. NAQVI, K.A. (1963), “Machine-Tools and Machines: A Physical Interpretation of the Marginal Rate of Saving,” in The Indian Economic Review, vol. VI, no. 3, February.Google Scholar
  17. RAJ, K.N. (1969), “Role of the ‘Machine-Tools Sector,’ in Economic Growth. A Comment on Indian and Chinese Experience,” in Socialism. Capitalism and Economic Growth, cit.Google Scholar
  18. RAJ, K.N. and SEN, A.K. (1961), “Alternative Patterns of Growth under Conditions of Stagnant Export Earnings,” in Oxford Economic Papers, vol. XIII, no. 1, February.Google Scholar
  19. SEN, A.K. (1960), Choice of Techniques, Basil Blackwell, Oxford.Google Scholar
  20. STOLERU, L. (1965), “An Optimal Policy for Economic Growth,” in Econometrica, vol. XXXIII, no. 2, April.Google Scholar
  21. VYAS, A. (1979), “Primary Accumulation in the USSR Revisited,” in Cambridge Journal of Economics, vol. 3, no. 3, September.Google Scholar

Copyright information

© Joseph Halevi, G. C. Harcourt, Peter Kriesler and J. W. Nevile 2016

Authors and Affiliations

  • Joseph Halevi

There are no affiliations available

Personalised recommendations