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 |  | 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 | doi | https://doi.org/10.1007/978-981-10-4065-8 | isbn_softcover | 978-981-13-5038-2 | isbn_ebook | 978-981-10-4065-8 | copyright | Springer Nature Singapore Pte Ltd. 2017 |
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