Authors:
Develops Marx-Sraffa-type linear economic models with fixed capital
Estimates the fixed capital coefficients of China's economy
Presents Marx and post-Keneysian views on recent China's economy
Includes supplementary material: sn.pub/extras
Buy it now
Buying options
Tax calculation will be finalised at checkout
Other ways to access
This is a preview of subscription content, log in via an institution to check for access.
Table of contents (10 chapters)
-
Front Matter
-
Back Matter
About this book
By simulating the case of all final products being invested for capital goods, it estimates the fixed capital coefficients from investment data on China's economy 1995-2000. Based on this, the book describes the wage-profit curves of the open China economy.
By applying the estimated fixed capital coefficients, the book presents the computation of the labour values of major commodities in China, and the turnpike of the stage 1995-2000, with fixed capital. It compares the value system with the production price system, and thus points out some structural issues of China's economy that are worth discussing.
Authors and Affiliations
-
School of Social Sciences, Tsinghua University, Beijing, China
Bangxi Li
About the author
Bibliographic Information
Book Title: Linear Theory of Fixed Capital and China’s Economy
Book Subtitle: Marx, Sraffa and Okishio
Authors: Bangxi Li
DOI: https://doi.org/10.1007/978-981-10-4065-8
Publisher: Springer Singapore
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: Springer Nature Singapore Pte Ltd. 2017
Hardcover ISBN: 978-981-10-4064-1Published: 30 March 2017
Softcover ISBN: 978-981-13-5038-2Published: 11 December 2018
eBook ISBN: 978-981-10-4065-8Published: 23 March 2017
Edition Number: 1
Number of Pages: XIV, 122
Number of Illustrations: 20 b/w illustrations, 7 illustrations in colour
Topics: Economic Theory/Quantitative Economics/Mathematical Methods, International Political Economy, Asian Economics