[OPE-L:4837] Re: is there a real tendency for the equalization of profit rates?

From: Gerald_A_Levy (Gerald_A_Levy@email.msn.com)
Date: Mon Feb 05 2001 - 08:44:22 EST 

Paul C wrote in [OPE-L:4836]:

> Note that what is crucial for the price of production
> hypothesis is  not equalization of sectoral rates
> of profit, but that these sectoral  rates of profit should
> be statistically independent of the sectoral  organic
> compositions of capital.

Why is whether (or not) there is an observable tendency for the equalization
of sectoral rates of profit not (also)crucial to an empirical investigation
of whether there are (or are not) prices of production?

In solidarity, Jerry

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