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Linear Theory of Fixed Capital and China’s Economy Marx, Sraffa and Okishio /

This book discusses both linear economic theory and its application to China's recent economy from, 1987-2000, with an emphasis on fixed capital. It starts with the development of Marx-Sraffa linear economic models with fixed capital. The author then addresses various topics, including formal e...

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Main Author: Li, Bangxi. (Author, http://id.loc.gov/vocabulary/relators/aut)
Corporate Author: SpringerLink (Online service)
Language:English
Published: Singapore : Springer Singapore : Imprint: Springer, 2017.
Edition:1st ed. 2017.
Subjects:
Economic theory.
Political economy.
Asia—Economic conditions.
Economic Theory/Quantitative Economics/Mathematical Methods.
International Political Economy.
Asian Economics.
Online Access:https://doi.org/10.1007/978-981-10-4065-8
Table of Contents:
  • Preface
  • 1. Introduction
  • 2. Sraffa-Okishio-Nakatani Model
  • 3. Renewal Dynamics of Fixed Capital
  • 4. Economic Durability of Fixed Capital
  • 5. Marx-Sraffa Equilibrium as an Eigen System
  • -An Approach of Moore-Penrose Inverse
  • 6. Cambridge Equation with Fixed Capital
  • 7. Marginal Capital Coefficients and Wage-Profit Curves of China's Economy 1995-2000
  • - Sraffa-Fujimori's Method
  • 8. Marx's Labour Theory of Value and Its Implications to Structural Problems of China's Economy
  • 9. Turnpike Paths in a Marx-Sraffa-von Neumann Model with Fixed Capital
  • -A Case Study of China's Economy 1995-2000
  • 10. Concluding Remarks
  • Bibliography
  • Index.

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