Melendez-Plumed, Vicenc (2009): Connecting labour values and relative prices.
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Abstract
A rate of profit, expressed in labour magnitudes, that allows matching total plus value with total profits is determined. The relative prices, expressed in wage units, associated with this rate ensure that total profits are equal to the difference between the sum of relative prices and the sum of labour values as well.
| Item Type: | MPRA Paper |
|---|---|
| Original Title: | Connecting labour values and relative prices |
| Language: | English |
| Keywords: | Labour values; relative prices; rate of profit; plus value |
| Subjects: | B - History of Economic Thought, Methodology, and Heterodox Approaches > B5 - Current Heterodox Approaches > B51 - Socialist ; Marxian ; Sraffian |
| Item ID: | 18017 |
| Depositing User: | Vicenc Melendez-Plumed |
| Date Deposited: | 20 Oct 2009 19:31 |
| Last Modified: | 27 Sep 2019 22:26 |
| References: | Vegara i Carrió, Josep Maria . Economía Política y Modelos Multisectoriales. Biblioteca Tecnos de Ciencias Económicas, Madrid: Editorial Tecnos, 1979, 190 pp.84-309-0795-5. |
| URI: | https://mpra.ub.uni-muenchen.de/id/eprint/18017 |
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