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Titlebook: Linear Theory of Fixed Capital and China’s Economy; Marx, Sraffa and Oki Bangxi Li Book 2017 Springer Nature Singapore Pte Ltd. 2017 Fixed

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书目名称Linear Theory of Fixed Capital and China’s Economy
副标题Marx, Sraffa and Oki
编辑Bangxi Li
视频video
概述Develops Marx-Sraffa-type linear economic models with fixed capital.Estimates the fixed capital coefficients of China‘s economy.Presents Marx and post-Keneysian views on recent China‘s economy.Include
图书封面Titlebook: Linear Theory of Fixed Capital and China’s Economy; Marx, Sraffa and Oki Bangxi Li Book 2017 Springer Nature Singapore Pte Ltd. 2017 Fixed
描述This book discusses both linear economic theory and its application to China‘s recent economy from, 1987-2000, with an emphasis on fixed capital. It starts with the development of Marx-Sraffa linear economic models with fixed capital. The author then addresses various topics, including formal explanations of Sraffa-Okishio-Nakatani’s (SON) reduction of the whole economy to its subsystem of brand-new commodities, the renewal dynamics of fixed capital and the Marx-Engles-Ruchti-Lohmann effect as well as its extension to the accelerated depreciation case; and simulations of the economic durability of fixed capital. Further, in a general joint-production system, equilibria are computed as the spectra of the matrix pencil defining the equilibrium of the systems and the so-called Cambridge equation are extended to the case of SON‘s economy..By simulating the case of all final products being invested for capital goods, it estimates the fixed capital coefficients from investmentdata on China‘s economy 1995-2000. Based on this, the book describes the wage-profit curves of the open China economy. .By applying the estimated fixed capital coefficients, the book presents the computation of the
出版日期Book 2017
关键词Fixed Capital; Linear Economic Model; Multi-sector Analysis; Marx-Engels(-Ruchti-Lohmann) Effect; Instab
版次1
doihttps://doi.org/10.1007/978-981-10-4065-8
isbn_softcover978-981-13-5038-2
isbn_ebook978-981-10-4065-8
copyrightSpringer Nature Singapore Pte Ltd. 2017
The information of publication is updating

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978-981-13-5038-2Springer Nature Singapore Pte Ltd. 2017
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Profit and Growth in the SON Economy,This chapter first examines the problem of reproduction including fixed capital, both the uniform rates of profit and growth based on the equality system.
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Economic Durability and Hardening Effects of Fixed Capital,One of the features of fixed capital is that it is operated beyond a cycle of reproduction of the economy. The first problem that should be raised with respect to fixed capital is how long, or how many periods, it can be operated.
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,Fixed Capital and China’s Economy 1995–2000,In this chapter, we aim at investigating growth and distribution of China’s economy on the basis of the input-output tables and fixed capital data.
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