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Exploring near-linearities in price–rate of profit trajectories and the concept of effective rank in input–output matrices

Abstract In recent years, there has been a resurgence of interest in the controversies surrounding capital theory. At the heart of these debates are the empirically observed near-linearities in the price–rate of profit and wage rate of profit curves. This article posits that these near-linearities c...

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Autore principale: Lefteris Tsoulfidis
Natura: Artigo
Lingua:Inglês
Pubblicazione: SpringerOpen 2023-12-01
Serie:Journal of Economic Structures
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Accesso online:https://doi.org/10.1186/s40008-023-00319-6
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