In this paper we analyse the economic part of a text of the French Communist Party (PCF) on the principles of the policies of the PCF. In particular we discuss how economists can use orthodox economic theory to evaluate the principles of communist economic policy. Although the text is quite old...

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...

Pasinetti (1988) constructs ‘vertically hyper-integrated labor coe fficients' for an economic model that exhibits unbalanced growth. The hyper-integrated coe fficients additionally include the labor required to produce investment goods as part of the labor cost of reproducing commodities. In a...

The aim of the present paper is that of exploiting the notions of vertically (hyper-)integrated sectors, as discussed in Pasinetti (1973) and Pasinetti (1988), and of natural system, as defined in Pasinetti (1981), in order to build up an analytical framework in which data from national accounts...

The aim of the present paper is that of exploiting the notions of vertically (hyper-)integrated sectors, as discussed in Pasinetti (1973) and Pasinetti (1988), and of natural system, as defined in Pasinetti (1981), in order to build up an analytical framework in which data from national accounts...

In certain models of commodities produced by means of commodities, the choice of technique is analyzed by the construction of the wage frontier. This article presents a numeric example of a continuum of wage curves tangent at a switch point. Technological progress leads to the recurrence of...

This article illustrates the analysis of prices of production with joint production by a numerical example. The example is used to illustrate the applicability of techniques to identify and visualize qualitative changes in the choice of technique with parameter perturbations. Patterns of switch...

This paper studies the production techniques employed in economies that reproduce themselves. Special attention is paid to the distinction usually made between those that do not produce a surplus and those that do, which are referred to as first and second class economies, respectively. Based on...

We assess the sectoral impact of the implementation of a "green" employer of last resort (ELR) program in the US, based on an environmental modification of an extended Kurz's (1985) multiplier framework and data from OECD Input-Output tables. We use these multipliers to estimate the impact of an...

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...