I agree that it is of interest to see how the depriciation is derived.
EPWT are quite explicit about it being taken as 1/14 of current capital stock.
The UK seem to use 1/20 th of the current stock.
The attractor can be derived from the same dynamic equation whether one
includes depreciation or excludes it.
________________________________________
From: ope-bounces@lists.csuchico.edu [ope-bounces@lists.csuchico.edu] On Behalf Of Jurriaan Bendien [adsl675281@telfort.nl]
Sent: Saturday, May 02, 2009 12:08 PM
To: Outline on Political Economy mailing list
Subject: [OPE] Estimating profit rate attractors_______________________________________________
ope mailing list
ope@lists.csuchico.edu
https://lists.csuchico.edu/mailman/listinfo/ope
Received on Sun May 3 17:39:06 2009
This archive was generated by hypermail 2.1.8 : Sun May 31 2009 - 00:00:03 EDT