Eigenvalue distribution and the production price-profit rate relationship in linear single-product systems: theory and empirical evidence

A typical finding in many empirical studies is that the production price-profit rate relationship is, by and large, monotonic. This paper derives, in terms of the usual single-product model, the spectral conditions that make possible the appearance of such monotonicity. Furthermore, using data from input-output tables for a number of countries and years, it examines the extent to which actual economies fulfil those spectral conditions.

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Year of publication:	2010-11
Authors:	Mariolis, Theodore ; Tsoulfidis, Lefteris
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Eigenvalue Distribution \| Production Prices \| Spectral Analysis \| Standard Systems

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	D46 - Value Theory ; B51 - Socialist; Marxian; Sraffian ; D57 - Input-Output Analysis ; C67 - Input-Output Models ; E11 - Marxian; Sraffian; Institutional; Evolutionary
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011110823