The Effect of Distribution on Accumulation, Capacity Utilization, and Employment: Testing the Profit-led Hypothesis for Turkey

doi:10.4324/9781315704845-19

Chapter

The Effect of Distribution on Accumulation, Capacity Utilization, and Employment: Testing the Profit-led Hypothesis for Turkey

ABSTRACT

The impact of distribution on growth, accumulation, and employment remains a focus of debate within macroeconomics. Does a procapital redistribution of income stimulate growth, accumulation, and employment?