Park, Cheol-Soo - In: The capitalist state and its economy : democracy in …, (pp. 199-208). 2005
Okishio’s theorem plays an important role in modern discussions of Marx’s argument on the long-run tendency for the rate of profit to fall. Even though there is substantial literature dealing with Okishio’s theorem, there has been little discussion of Okishio’s theorem from an empirical...