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Persistent link: https://www.econbiz.de/10010405091
In this paper, we report a puzzling result about the monetary expressions of labor time (MELTs) of the productive and unproductive sectors. Since part of the aggregate value produced in productive sectors is transferred to unproductive sectors, the productive sector's MELT is a measure of value...
Persistent link: https://www.econbiz.de/10011896517