Kurose, Kazuhiro; Yoshihara, Naoki - Institute of Economic Research, Hitotsubashi University - 2014
feature. Moreover, it is shown that the generalised standard commodity can serve as an invariable measure of value in those … income distribution, output level, and choice of techniques should be considered in the arguments on the invariable measure … of value and the linearity of income distribution. Given this debate, this paper defines a generalisation of the standard …