Arbeitspapier

A selective review of recent quantitative empirical research in Marxist political economy

This paper surveys some of the quantitative empirical research in two areas of Marxist political economy: (a) Marxist national accounts, and (b) Marxist responses to the Sraffa-based critique of the 1970s. With respect to the first area, this paper explains the basic methodology underlying the construction of Marxist national accounts from traditional input-output data. With respect to the second area, it offers a short review of the theoretical literature surrounding the Sraffa-based critique of the 1970s, and subsequently discusses three Marxist responses in detail: the standard interpretation, the probabilistic interpretation and the new interpretation. It explains the basic theoretical positions of these three approaches and reviews the quantitative empirical work conducted within each.

Language
Englisch

Bibliographic citation
Series: Working Paper ; No. 2015-05

Classification
Wirtschaft
Current Heterodox Approaches: Socialist; Marxian; Sraffian
Subject
Marxist political economy
national accounts
value controversy

Event
Geistige Schöpfung
(who)
Deepankar,Basu
Event
Veröffentlichung
(who)
University of Massachusetts, Department of Economics
(where)
Amherst, MA
(when)
2015

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Deepankar,Basu
  • University of Massachusetts, Department of Economics

Time of origin

  • 2015

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