Mariolis, Theodore; Veltsistas, Panagiotis - 2020
Using input-output data from the World Input-Output Database (172 Symmetric Input-Output Tables of 43 countries … features of the empirical price-wage-profit rate curves, which are at the heart of capital theory and, thus, show that the … Sraffian theory is not only the most general one but also provides a sound empirical basis. …