From: Paul Zarembka (zarembka@BUFFALO.EDU)
Date: Fri Sep 07 2007 - 20:41:54 EDT
Regarding turnover, I'm working on a two-department model with the annual flow of circulating constant capital costs an unchanging fraction f of fixed capital and turnover of circulating constant capital costs at n times annually for both departments. I'm trying to incorporate fixed capital into Marx's reproduction schemes (remember my raising that issue a month or so ago?). Depreciation will be included but I haven't gotten to exactly how. Any comments or suggestions? I want enough realism to be interesting but not so much as to be greatly complicated. Paul Z. ************************************************************************* (Vol.23) The HIDDEN HISTORY of 9-11-2001 "a benchmark in 9/11 research" (Vol.24) TRANSITIONS in LATIN AMERICA and in POLAND and SYRIA Research in Political Economy, P.Zarembka, ed, Elsevier hardback ********************** http://ourworld.compuserve.com/homepages/PZarembka
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