Product, capital and profit rate - industrialized countries and Latin America

Abstract This paper compares the profits share, the capital output ratio and the rate of profits of five industrialized and five Latin America countries. Using data from the U.N. National Accounts Statistics and the Penn World Table (Mark 5.6) in American dollars and PPP (purchasing power parity), the paper also discusses the level of gross capital formation and the relationship between rate of profits, productivity and wages.