Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/284333 
Year of Publication: 
2023
Citation: 
[Journal:] European Journal of Economics and Economic Policies: Intervention (EJEEP) [ISSN:] 2052-7772 [Volume:] 20 [Issue:] 2 [Year:] 2023 [Pages:] 299-316
Publisher: 
Edward Elgar Publishing, Cheltenham
Abstract: 
Post-Keynesian macrodynamics is designed to extend the role of demand in the determination of real economic outcomes beyond the short run. The purpose of this paper is to highlight the importance of supply-side considerations in demand-led growth. Building on existing features of the supply side in post-Keynesian growth theory, three new developments are highlighted: human capital accumulation, the social reproduction of labour, and the supply-side link between distribution and growth. These new developments are shown to yield new insights into the established themes of reconciling demand and supply in the theory of long-run growth, and the relationship between distribution and growth. Furthermore, the feminist macro model used to explore the social reproduction of labour is shown to be a potential general framework for synthesizing these insights.
Subjects: 
demand-led growth
potential rate of growth
technical change
human capital
human capacities
care-giving
JEL: 
B54
E11
E12
O41
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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