Authors: Erman ZENG
The quantitative Marxian function system is developed on the basis of the labor theory of value as the micro foundation resulting labour value function, surplus value function, Marx production function. The heterogeneous capital aggregation problem is overcome by value transformation analysis of Leontief intermediate input coefficient matrix leading to production price eigenvectors and Marx-Sraffa-Leontief General Equilibrium eigenvalues thus the details about an economic system such as the reduced organic composite of capital, the rate of profit, the surplus rate of value, the elasticity of capital output. The falling tendency of the rate of profit may not be true if the economy undergoes a general equilibrium.
Comments: 12 Pages.
Unique-IP document downloads: 63 times
Vixra.org is a pre-print repository rather than a journal. Articles hosted may not yet have been verified by peer-review and should be treated as preliminary. In particular, anything that appears to include financial or legal advice or proposed medical treatments should be treated with due caution. Vixra.org will not be responsible for any consequences of actions that result from any form of use of any documents on this website.
Add your own feedback and questions here:
You are equally welcome to be positive or negative about any paper but please be polite. If you are being critical you must mention at least one specific error, otherwise your comment will be deleted as unhelpful.