Heterodox
Summary:
To me, this is an easy question. SNALT, for a capitalist economy, is: L = a0 (I - A)-1y The notation is from Luigi Pasinetti's Lectures on the Theory of Production. The idea can be empirically applied with data from national income and product accounts (NIPAs), using techniques explained in, for example, Ronald Miller and Peter Blair's Input-Output Analysis
Topics:
Robert Vienneau considers the following as important: Karl Marx
This could be interesting, too:
To me, this is an easy question. SNALT, for a capitalist economy, is: L = a0 (I - A)-1y The notation is from Luigi Pasinetti's Lectures on the Theory of Production. The idea can be empirically applied with data from national income and product accounts (NIPAs), using techniques explained in, for example, Ronald Miller and Peter Blair's Input-Output Analysis
Topics:
Robert Vienneau considers the following as important: Karl Marx
This could be interesting, too:
Robert Vienneau writes William Baumol On Marx
Robert Vienneau writes Francis Spufford On Commodity Fetishism As A Dance
Robert Vienneau writes A Derivation Of Prices Of Production With Linear Programming
Robert Vienneau writes How Ownership Obtains A Return According To Marx
To me, this is an easy question. SNALT, for a capitalist economy, is:
L = a0 (I - A)-1y
The notation is from Luigi Pasinetti's Lectures on the Theory of Production. The idea can be empirically applied with data from national income and product accounts (NIPAs), using techniques explained in, for example, Ronald Miller and Peter Blair's Input-Output Analysis