书目名称 | Modern Classical Economics and Reality |
副标题 | A Spectral Analysis |
编辑 | Theodore Mariolis,Lefteris Tsoulfidis |
视频video | |
概述 | Offers a novel, mathematically rigorous and applicable treatment of the modern classical theory of value.Extends the modern classical theory in new theoretical and empirical directions.Provides outlin |
丛书名称 | Evolutionary Economics and Social Complexity Science |
图书封面 |  |
描述 | .This book presents an in-depth, novel, and mathematically rigorous treatment of the modern classical theory of value based on the spectral analysis of the price–profit–wage rate system. The classical theory is also subjected to empirical testing to show its logical consistency and explanatory content with respect to observed phenomena and key economic policy issues related to various multiplier processes. In this context, there is an examination of the trajectories of relative prices when the distributive variables change, both theoretically and empirically, using actual input–output data from a number of quite divers.e economies. It is suggested that the actual economies do not behave like the parable of a one-commodity world of the traditional neoclassical theory, which theorizes the relative scarcities of “goods and production factors” as the fundamental determinants of relative prices and their movement. By contrast, the results of the empirical analysis are fully consistent with the modern classical theory, which makes the intersectoral structure of production and the way in which net output is distributed amongst its claimants the fundamental determinants of price magnitudes |
出版日期 | Book 2016 |
关键词 | Capital Theory; Input-Output Analysis; Modern Classical Theory; Norm Bounds and Approximations for Pric |
版次 | 1 |
doi | https://doi.org/10.1007/978-4-431-55004-4 |
isbn_softcover | 978-4-431-56638-0 |
isbn_ebook | 978-4-431-55004-4Series ISSN 2198-4204 Series E-ISSN 2198-4212 |
issn_series | 2198-4204 |
copyright | Springer Japan 2016 |