Linear Theory of Fixed Capital and China’s Economy
Marx, Sraffa and Okishio
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Article
Dialectical Discussion of Regional Innovation, Population Agglomeration, and Economic Growth
This paper delves into the dynamic interplay among regional innovation, population agglomeration, and economic growth within the expansive landscape of the Yangtze River Economic Belt (YREB) of China. To scrut...
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Book
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Chapter
Concluding Remarks
Let us summarise major contents of this small book.
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Chapter
Marx’s Labour Values in China’s Economy
As well-known, Marx started from the concept of value based on the amount of abstract human labour, and established the production price system via the so-called transformation procedure, values into prices an...
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Chapter
Introduction
This chapter gives the overall description of the following chapters. We also describe the system of notations employed in this volume.
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Chapter
Renewal Dynamics of Fixed Capital
In the preceding Chap. 2, it is shown that the right-side block of \({\mathcal Z}_1\) ...
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Chapter
Economic Durability and Hardening Effects of Fixed Capital
One of the features of fixed capital is that it is operated beyond a cycle of reproduction of the economy. The first problem that should be raised with respect to fixed capital is how long, or how many periods...
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Chapter
Fixed Capital and China’s Economy 1995–2000
In this chapter, we aim at investigating growth and distribution of China’s economy on the basis of the input-output tables and fixed capital data.
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Chapter
Turnpike Paths for China’s Economy 1995–2000
This chapter explores the long-term planning model based on the Marx-Sraffa-von Neumann system. It allows joint production and supply-demand relationships between periods are represented by inequality conditio...
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Chapter
Sraffa-Okishio-Nakatani’s Fixed Capital Theory
It is known that although fixed capital shares the same function in the process of production, if the working age (or age) is different, one should make a distinction based on the different ages.
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Chapter
Profit and Growth in the SON Economy
This chapter first examines the problem of reproduction including fixed capital, both the uniform rates of profit and growth based on the equality system.
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Chapter
Marx-Sraffa Equilibria as Eigensystems
This chapter develops formal discussion of equilibrium of the Marx-Sraffa model from the angle of the eigenvalue and eigenvectors.
