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 Keynes And Marx
Robert Vienneau writes New Interpretations Of Marx
Robert Vienneau writes Labor Values And Invariants
Robert Vienneau writes Two Special Cases For The Labor Theory Of Value
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