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Using input–output data from Symmetric Input–Output Tables for the year 2010 and relevant price models, this paper provides empirical estimations of medium- and long-run effects of wage and currency devaluations on international price competitiveness and income distribution for two ‘PIIGS...
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1 Old and Modern Classical Economics -- 2 Modern Classical Theory of Prices and Outputs -- 3 Values, Prices and Income Distribution in Actual Economies -- 4 Measures of Production Price-Labour Value Deviation and Production Conditions -- 5 Spectral Decompositions of Single-Product Economies -- 6...
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