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Re: query

At 09:59 AM 26/07/00 -0400, you wrote: 
Is anyone aware of any empirical studies on the tendency for the rate of
profit to equalize across industries over time?

Rudy 

This may not be quite your topic but if I remember correctly, in a 1991
_The Canadian Geographer_ D. Rigby showed that manufacturing profits in
Canada did not equalize between places, and I think he and M. Webber have
shown the same for the US in their _The Golden Age Illusion_ . But perhaps
you are looking for equalization between (not within) sectors.

Bill Burgess


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