OPE-L
mailing list archive
[ Other Periods  | Other mailing lists  | Search  ]
Date:  [ Previous  | Next  ]      Thread:  [ Previous  | Next  ]      Index:  [ Author  | Date  | Thread  ]

IMPORTANT: If you cite this message, OPE-L policy requires you not to reveal the identity of the author.

[OPE-L] estimates of the value of c as a % of GNP?

You may cite this message only if you do not disclose who wrote it. 

>  The norm would be for
> wages to represent a roughly stable share of GNP and for
> accumulation to increase the stock of constant capital.

Paul C,

What are some empirical estimates of the monetary value
of the stock of c as a percentage of GNP (or GDP)?   Is the
long-term empirical trend for this percentage to remain
stable,  decrease, or increase?  (Note that I am not asking
for a theoretical claim one way or another -- just empirical
estimates in as many countries and time periods that list
members are aware of.)

In solidarity, Jerry

PS: where we have both GNP and GDP data,  which one
should Marxians use?  Why?
[ Other Periods  | Other mailing lists  | Search  ]