Re: [OPE-L] The phenomenology of prices

From: glevy@PRATT.EDU
Date: Sat Dec 29 2007 - 13:56:06 EST


> on 2007-12-29 16:36 glevy@PRATT.EDU wrote:
>> I wonder:
how would (or could?) the release
>> and tying up of capital
be
>> treated in an I/O
>> accounting framework?
[And, has anyone ever
>> attempted to
>> develop a
'dynamic I/O model" ?]
> Couldn't that easily be
extended by a matrix of depreciation
> coefficients and a matrix
of capital stocks? I'd be surprised if a model
> like that did
not already exist in the literature.

Hi Dave Z:

Maybe we're talking about different things.  Insofar as we're
talking
about the release and tying-up of constant capital is
concerned,
how would the seasonal variations in the prices of raw
materials
show up in I/O models?

In solidarity, Jerry
>


This archive was generated by hypermail 2.1.5 : Mon Dec 31 2007 - 00:00:04 EST