Wage-profit curves of the Finnish economy: evidence from the supply and use tables

This paper extends the empirical investigation of the shape of wage-profit curves to the case of joint production using data from the Supply and Use Tables of the Finnish economy (for the years 1995 through 2004). It is found that (i) the considered systems do not have the usual properties of single-product systems; and (ii) the monotonicity of the wage-profit curves depends on the adopted normalization condition.

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Year of publication:	2011
Authors:	Soklis, George
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Wage-profit curves \| joint production \| supply and use tables \| input-output analysis

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	B51 - Socialist; Marxian; Sraffian ; D33 - Factor Income Distribution ; D57 - Input-Output Analysis
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009643205