From: Paul Cockshott (paul@cockshott.com)
Date: Wed Oct 02 2002 - 16:41:35 EDT
I have looked at it. It strikes me that it is true enough that you do not get a clear breakdown of surplus value and capital in the initial presentation of a Leontieff I/O table, it is not difficult to post process the tables to extract this information. " Nonetheless, such a refined balance may too be insufficient. In fact, it only reveals the transfer of goods between the industries and the individual consumers, while making no difference between the capital and the surplus value, letting alone the difference between the fixed and variable capital as well as the profit rate (see [3]). But just the latter aggregates give the opportunity to consider the impact of taxation policy on the whole process of the national reproduction. " gerald_a_levy wrote: > While surfing I came across the following > page:http://www.geocities.com/bzinchenko/market.htmlNote the short (1 > paragraph) critique of Leontief input-output models that begins > "Nonetheless" in the sectionon "Review of the field". Do others agree > with thismini-critique?Is anyone on the list familiar with the work > ofBoris G. Zinchenko? Comradely, Jerry
This archive was generated by hypermail 2.1.5 : Fri Oct 11 2002 - 00:00:00 EDT