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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| Format: | Article |
| Language: | English |
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SpringerOpen
2023-12-01
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| Series: | Journal of Economic Structures |
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| Online Access: | https://doi.org/10.1186/s40008-023-00319-6 |