Unproductive labor and long-term growth: a classical model of accumulation
Abstract
This paper intends to build a simple model of accumulation given the concept
of unbalanced growth between the productive and unproductive sector. This implies in
theoretically define the concept of unproductive sector and to study in the long run the
evolution of this sector in relation to the totality of the created value, as well as to analyse
the implications of this evolution in relation to the profit rate and to the accumulation rate.
By the fact that it takes into account several modes of distribution of labor productivity, this
model allows to analyse the differences there exist between central countries and periphery.
JEL Classification: O40; B51.
Keywords: Value theory unproductive labor economic growth