Marx and Input-Output Analysis and General Equilibrium Theory

This article shows the following: (1) Marx has given a description of the relationship between industries, which is equivalent to Walras's theoretical version of input-output and to Leontief's empirical (monetary) input-output analysis. (2) Marx's version of general equilibrium theory...

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Bibliographic Details
Main Author: Ezra Davar
Format: Article
Language:English
Published: Pluto Journals 2016-03-01
Series:World Review of Political Economy
Online Access:https://www.scienceopen.com/hosted-document?doi=10.13169/worlrevipoliecon.7.1.0127