On concepts and measures of changes in productivity: A special issue in honour of Luigi Pasinetti

Authors

  • Gabriel Brondino Università Cattolica del Sacro Cuore di Piacenza
  • Nadia Garbellini University of Modena and Reggio Emilia
  • Joseph Halevi Macquarie University (Australia) and International University College (Italy)

DOI:

https://doi.org/10.13133/2037-3643/18520

Keywords:

productivity measurement, Solow-Pasinetti debate, technical change, input-output analysis

Abstract

This special issue of PSL Quarterly Review is devoted to the Solow-Pasinetti debate on productivity and technological progress. Florencia Sember guides the reader through the main aspects of the debate, calling attention to those precursor features of a bifurcation that would later distinguish two competing approaches to growth theory. Ariel Wirkierman delves deep into the topic of productivity definition and measurement from a Classical perspective, as opposed to a more traditional standpoint. Gabriel Brondino, Miguel Casau Guirao and Facund Fora Alcalde put forward a method for computing total labour productivity in an open economy, following Pasinetti’s hint to measure labour embodied in imports as the domestic labour necessary to produce the corresponding exports. Finally, Hernan Alejandro Roitbarg, Francisco Leiva and Joaquin Lucero employ a subsystem approach to examine the rise and fall of productivity in Argentina over the period 2004-2019.

References

Garbellini N. and Wirkierman A.L. (2023), “The Solow-Pasinetti debate on productivity measurement: Review and reformulation”, Structural Change and Economic Dynamics, 65(June), pp. 438-447.

Halevi J. (1994), “Structure and Growth”, Économie appliquée, 47 (2), pp. 57-80.

Halevi J. (2016), “Luigi Pasinetti and the Political Economy of Growth and Distribution”, INET Working Papers, n. 40, New York: Institute for New Economic Thinking.

Lowe A. (1976), The Path of Economic Growth, Cambridge (UK): Cambridge University Press.

Pasinetti L.L. (1959), “On concepts and measures of changes in productivity”, Review of Economics and Statistics, 41(3), pp. 270-286.

Pasinetti L.L. (1974), Growth and Income Distribution: Essays in Economic Theory, Cambridge (UK): Cambridge University Press.

Pasinetti L.L. (1981), Structural Change and Economic Growth, Cambridge (UK): Cambridge University Press.

Pasinetti L.L. (1998), “A note on Richard Stone’s paper on changes in productivity”, Structural Change and Economic Dynamics, 9, pp. 233-235.

Pasinetti L.L. and Spaventa L. (1960), “Verso il superamento della modellistica aggregata nella teoria dello sviluppo economico”, Rivista di Politica Economica, n. 50, pp. 3-35.

Solow R.M. (1957), “Technical change and the aggregate production function”, Review of Economics and Statistics, 39(3), pp. 312-320.

Solow R.M. (1998), “Comment”, Structural Change and Economic Dynamics, 9, pp. 237-238.

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Published

2024-07-18

How to Cite

Brondino, G., Garbellini, N., & Halevi, J. (2024). On concepts and measures of changes in productivity: A special issue in honour of Luigi Pasinetti. PSL Quarterly Review, 77(309), 123–126. https://doi.org/10.13133/2037-3643/18520

Issue

Section

Special issue on the Solow-Pasinetti debate on productivity measurement