Unproductive labor and long-term growth: a classical model of accumulation

Vol. 16 No. 3 (1996)

Jul-Sep / 1996
Published July 1, 1996
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Herscovici, Alain. 1996. “Unproductive Labor and Long-Term Growth: A Classical Model of Accumulation”. Brazilian Journal of Political Economy 16 (3):475-92. https://doi.org/10.1590/0101-31571996-0886.

Unproductive labor and long-term growth: a classical model of accumulation

Alain Herscovici
Professor do Departamento de Economia da Universidade Federal do Espírito Santo – UFES, Vitória/ ES, Brasil. - Membro associado ao “METIS/Groupe de Recherche en Economie de la Culture”, Unité Associée CNRS n. 919, Universidade de Paris I Panthéon – Sorbonne.
Brazilian Journal of Political Economy, Vol. 16 No. 3 (1996), Jul-Sep / 1996, Pages 475-492

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