{"id":"https://openalex.org/W845820385","doi":"https://doi.org/10.1080/01603477.1989.11489768","title":"Government Deficit Spending Is Not Incompatible with the Cambridge Theorem of the Rate of Profit: A Reply to Fleck and Domenghino","display_name":"Government Deficit Spending Is Not Incompatible with the Cambridge Theorem of the Rate of Profit: A Reply to Fleck and Domenghino","publication_year":1989,"publication_date":"1989-07-01","ids":{"openalex":"https://openalex.org/W845820385","doi":"https://doi.org/10.1080/01603477.1989.11489768","mag":"845820385"},"language":"en","primary_location":{"id":"doi:10.1080/01603477.1989.11489768","doi":"https://doi.org/10.1080/01603477.1989.11489768","is_oa":false,"landing_page_url":"https://doi.org/10.1080/01603477.1989.11489768","pdf_url":null,"source":{"id":"https://openalex.org/S151404345","display_name":"Journal of Post Keynesian Economics","issn_l":"0160-3477","issn":["0160-3477","1557-7821"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Post Keynesian Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5085659743","display_name":"Luigi Lodovico Pasinetti","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Luigi L. Pasinetti","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5085659743"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":4.8135,"has_fulltext":false,"cited_by_count":23,"citation_normalized_percentile":{"value":0.93971086,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":96},"biblio":{"volume":"11","issue":"4","first_page":"641","last_page":"647"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.9945999979972839,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.9945999979972839,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11743","display_name":"Political Economy and Marxism","score":0.002899999963119626,"subfield":{"id":"https://openalex.org/subfields/3312","display_name":"Sociology and Political Science"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.00039999998989515007,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/cambridge-capital-controversy","display_name":"Cambridge capital controversy","score":0.7789999842643738},{"id":"https://openalex.org/keywords/rate-of-profit","display_name":"rate of profit","score":0.953000009059906},{"id":"https://openalex.org/keywords/fiscal-balance","display_name":"budget balance","score":0.7889999747276306},{"id":"https://openalex.org/keywords/budget-deficit","display_name":"budget deficit","score":0.7129999995231628},{"id":"https://openalex.org/keywords/fiscal-policy","display_name":"fiscal policy","score":0.49000000953674316}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7721954584121704},{"id":"https://openalex.org/C2781356325","wikidata":"https://www.wikidata.org/wiki/Q1929688","display_name":"Government spending","level":3,"score":0.523313045501709},{"id":"https://openalex.org/C165556158","wikidata":"https://www.wikidata.org/wiki/Q83937","display_name":"Keynesian economics","level":1,"score":0.5137518644332886},{"id":"https://openalex.org/C2775851008","wikidata":"https://www.wikidata.org/wiki/Q2112141","display_name":"Rate of profit","level":3,"score":0.4706931412220001},{"id":"https://openalex.org/C181622380","wikidata":"https://www.wikidata.org/wiki/Q26911","display_name":"Profit (economics)","level":2,"score":0.4619719088077545},{"id":"https://openalex.org/C2991851878","wikidata":"https://www.wikidata.org/wiki/Q2112141","display_name":"Profit rate","level":3,"score":0.4226210117340088},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.41327711939811707},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3792847990989685},{"id":"https://openalex.org/C133425853","wikidata":"https://www.wikidata.org/wiki/Q60571","display_name":"Neoclassical economics","level":1,"score":0.33262091875076294},{"id":"https://openalex.org/C118084267","wikidata":"https://www.wikidata.org/wiki/Q26110","display_name":"Positive economics","level":1,"score":0.32203900814056396},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.15722504258155823},{"id":"https://openalex.org/C100243477","wikidata":"https://www.wikidata.org/wiki/Q12002092","display_name":"Welfare","level":2,"score":0.03788787126541138}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1080/01603477.1989.11489768","doi":"https://doi.org/10.1080/01603477.1989.11489768","is_oa":false,"landing_page_url":"https://doi.org/10.1080/01603477.1989.11489768","pdf_url":null,"source":{"id":"https://openalex.org/S151404345","display_name":"Journal of Post Keynesian Economics","issn_l":"0160-3477","issn":["0160-3477","1557-7821"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547","https://openalex.org/P4310320449"],"host_organization_lineage_names":["Taylor & Francis","Informa"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Post Keynesian Economics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:mes:postke:v:11:y:1989:i:4:p:641-647","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10.1080/01603477.1989.11489768","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":9,"referenced_works":["https://openalex.org/W578138891","https://openalex.org/W1560990536","https://openalex.org/W1817519787","https://openalex.org/W1995053182","https://openalex.org/W2006758157","https://openalex.org/W2021422411","https://openalex.org/W2135930833","https://openalex.org/W4242044618","https://openalex.org/W4301752578"],"related_works":["https://openalex.org/W1978988770","https://openalex.org/W634993758","https://openalex.org/W2152922060","https://openalex.org/W69600508","https://openalex.org/W2129305150","https://openalex.org/W2394908159","https://openalex.org/W4313052717","https://openalex.org/W3127741531","https://openalex.org/W4388088283","https://openalex.org/W2281317493"],"abstract_inverted_index":{"In":[0],"a":[1,55,72,84],"rather":[2],"sensationally":[3],"written":[4],"article":[5],"in":[6,47,76],"this":[7],"journal,":[8],"Fleck":[9],"and":[10,20,80],"Domenghino":[11],"(1987)":[12],"claimed":[13],"that":[14],"Kaldor's":[15],"theory":[16,24],"of":[17,25,28,68],"income":[18],"distribution":[19],"the":[21,26,37,62,77],"related":[22],"long-run":[23],"rate":[27],"profits,":[29],"which":[30,48],"for":[31],"brevity's":[32],"sake":[33],"I":[34],"shall":[35],"call":[36],"Cambridge":[38],"Theorem,'":[39],"remain":[40],"valid":[41],"when":[42,61],"extended":[43],"to":[44],"an":[45,69],"economy":[46,70],"government":[49],"activity":[50],"is":[51,66],"carried":[52],"out":[53],"with":[54,71],"balanced":[56],"budget,":[57],"but":[58],"break":[59],"down":[60],"more":[63],"general":[64],"case":[65],"considered":[67],"government-budget":[73],"deficit.2":[74],"Earlier":[75],"literature,":[78],"Samuelson":[79],"Modigliani":[81],"had":[82],"proposed":[83]},"counts_by_year":[{"year":2025,"cited_by_count":2},{"year":2021,"cited_by_count":2},{"year":2020,"cited_by_count":1},{"year":2018,"cited_by_count":2},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":1}],"updated_date":"2026-08-15T07:11:24.734988","created_date":"2016-06-24T00:00:00"}
