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A new method of identifying key industries: A principal component analysis

Tsoulfidis, Lefteris; Athanasiadis, Ioannis - In: Journal of Economic Structures 11 (2022), pp. 1-23

This article using the principal components analysis identifies key industries and groups them into particular clusters … clusters. The findings further suggest that structural change is a slow-moving process and it takes time for some industries to …

Persistent link: https://www.econbiz.de/10013288360

The sources of aggregate profitability: Marx's theory of surplus value revisited

Flaschel, Peter; Fröhlich, Nils; Veneziani, Roberto - In: European Journal of Economics and Economic Policies: … 10 (2013) 3, pp. 299-312

This paper provides an empirical analysis of Marx's theory of exploitation built on the standard interpretation of the value of labour power. The relationship between the aggregate value rate of profit and the aggregate price rate of profit is studied and it is shown that the two rates coincide...

Persistent link: https://www.econbiz.de/10014363185

The theory of value and distribution and the problem of capital

Kurz, Heinz D. - In: European Journal of Economics and Economic Policies: … 17 (2020) 2, pp. 241-264

The paper identifies as the root of the recent controversy in the theory of capital David Ricardo's finding that competitive prices and costs of production depend not only on the methods of production employed, but also on the wage rate (or rate of profits) and change with it. A consequence of...

Persistent link: https://www.econbiz.de/10014363387

Karl Marx: an early post-Keynesian? A comparison of Marx's economics with the contributions by Sraffa, Keynes, Kalecki and Minsky

Hein, Eckhard - In: European Journal of Economics and Economic Policies: … 16 (2019) 2, pp. 238-259

This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an 'ex post' view on the matter and looks at the output side of the respective authors, but not at the input side. This means no attempt is made to study in a systematic way whether and to what...

Persistent link: https://www.econbiz.de/10014363354

What remains of the Cambridge critique of capital theory, if reswitching and reverse capital deepening are empirically rare and theoretically unlikely?

Schefold, Bertram - In: European Journal of Economics and Economic Policies: … 17 (2020) 2, pp. 220-240

The paper summarises the main results of the Cambridge controversy on capital theory and discusses its actual relevance. The paradoxes that had first been regarded as most relevant (reswitching and reverse capital deepening) have turned out to be empirically rare, and this can be explained...

Persistent link: https://www.econbiz.de/10014363386

Estructuras productivas y desarrollo: El caso de la economía chilena

Soza-Amigo, Sergio; Aroca, Patricio - In: Revista de Métodos Cuantitativos para la Economía y … 26 (2018), pp. 175-202

This research begins with the following questions: Is there consistency between the identification of development and the economic structure that is possessed?; are there similarities among economies identified with differences in their levels of development?; and, are there non-developed...

Persistent link: https://www.econbiz.de/10014494389

The Cambridge–Cambridge controversy on the theory of capital: 50 years after

Hagemann, Harald - In: European Journal of Economics and Economic Policies: … 17 (2020) 2, pp. 196-207

The paper points out that capital theory has always been a hotly debated subject, partly because the theoretical issues involved are very complex, and partly because rival ideologies and value systems directly affect the issues discussed. The focus is on the history, the main protagonists, and...

Persistent link: https://www.econbiz.de/10014363384

The static demand multipliers in a joint production framework: Comparative findings for the Greek, Spanish and Eurozone economies

Mariolis, Theodore; Ntemiroglou, Nikolaos; Soklis, George - In: Journal of Economic Structures 7 (2018) 18, pp. 1-20

This paper uses input-output data from Supply and Use Tables for the year 2010 and provides empirical estimations of the static demand multipliers in a joint production framework for two representative Southern Eurozone economies, i.e., Greece and Spain, and for the Eurozone economy as a whole....

Persistent link: https://www.econbiz.de/10011991452

Wage versus currency devaluation, price pass-through and income distribution: A comparative input-output analysis of the Greek and Italian economies

Mariolis, Theodore; Rodousakis, Nikolaos; Katsinos, … - In: Journal of Economic Structures 8 (2019) 9, pp. 1-23

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...

Persistent link: https://www.econbiz.de/10013288243

Mode 3 knowledge production: Systems and systems theory, clusters and networks

Carayannis, Elias G.; Campbell, David F. J.; Rehman, … - In: Journal of Innovation and Entrepreneurship 5 (2016) 17, pp. 1-24

between the elements of a system and clusters (innovation clusters) and the selfrationale of a system and that of networks … composed of "elements", which are tied together by a "self-rationale". For innovation, often innovation clusters and innovation … networks are being regarded as important. By leveraging systems theory for innovation concepts, one can implement references …

Persistent link: https://www.econbiz.de/10011540289

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