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This essay explores the ralationships between income distribution, capital accumulation and technological change in the long-run. It is shown that a falling rate of profit is not a necessity for the capitalist mode of production.
Persistent link: https://www.econbiz.de/10015221433
Using data from the Symmetric Input-Output Table of the Greek economy for the year 2010, this paper estimates the corresponding Sraffian autonomous demand-transfer payments curve. The findings reveal certain technical-effective demand-social features of the Greek economy and provide a context...
Persistent link: https://www.econbiz.de/10015260280
This paper deals with key open issues involved in Book V of the Nicomachean Ethics and related to the theory of exchange values. On the basis of the Modern Classical theory of value-income distribution and the concept of ‘social abstract labour’, the paper argues that: (i) the Aristotelian...
Persistent link: https://www.econbiz.de/10015260281
Using input-output data from the World Input-Output Database (172 Symmetric Input-Output Tables of 43 countries, spanning the period 2000-2014), this paper estimates the degree and rank of Kalman controllability of the relevant Sraffian price systems. The findings suggest that: (i) the degree of...
Persistent link: https://www.econbiz.de/10015267118
The English version of this paper can be found at "http://ssrn.com/abstract=2654665" http://ssrn.com/abstract=2654665.Greek Abstract: Πρόβλημα: H θεωρία και η πρακτική του διπλογραφικού συστήματος καταγραφής και...
Persistent link: https://www.econbiz.de/10012897160
Greek Abstract: Πρόβλημα: Το διπλογραφικό σύστημα καταγραφής και επεξεργασίας της λογιστικής πληροφορίας υπήρξε το πλέον επιτυχές κατά τα προηγούμενα 500 χρόνια....
Persistent link: https://www.econbiz.de/10012867971