We received from Centro Sraffa, the Centro Sraffa Working Paper (CSWP) n. 4, The Supermultiplier as a Vertically Hyper-integrated Sector, by Óscar Dejuán, is now online and available for public access at the following link
 
Abstract: 
 
 "This paper tries to shed new light on demand-led growth from a disaggregated multiplier-accelerator model (the supermultiplier, so to speak). This mechanism was presented as an answer to Harrod’s instability puzzles (Serrano, 1995; Bortis, 1997, Dejuán, 2005). The solution, however, was greeted with suspicion even among Sraffian and postKeynesian economists (Palumbo & Trezzini, 2003; Lavoie, 2010; Smith, 2013). A multisectoral setting of the supermultiplier model, as a variant of Pasinetti’s vertically hyper-integrated sectors, may help to understand its meaning and the mechanisms through which it shapes the structure of the economy until the warranted rate of growth matches the autonomous trend. It also clarifies the limits of the autonomous trend and the conditions for stability in the lines opened by White (2009) and Allain (2013)".
  

The Centro Sraffa Working Papers (CSWP) are aimed at promoting and disseminating economic research based on the revival and development of the classical approach to value and distribution along the lines developed by Piero Sraffa.

Contributions sharing this perspective are welcome in all fields of economic theory, history of economic thought, policy analysis, economic history and methodological debate.
For full Statement and Author Guidelines please go to: 
Centro Sraffa Working Papers