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Quantitative Empirical Research In Marxist Political Economy: A Selective Review

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  • Deepankar Basu

Abstract

This paper surveys quantitative empirical research in some key areas of Marxist political economy. Following an introductory section on the value controversy, the paper surveys quantitative empirical research on the following topics: (a) Marxist national accounts, (b) classical†Marxist theory of relative prices, (c) probabilistic political economy, (d) profitability analysis and (e) classical†Marxian theories of growth and technical change. I end by highlighting two important puzzles in the extant literature.

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  • Deepankar Basu, 2017. "Quantitative Empirical Research In Marxist Political Economy: A Selective Review," Journal of Economic Surveys, Wiley Blackwell, vol. 31(5), pages 1359-1386, December.
    • Handle: RePEc:bla:jecsur:v:31:y:2017:i:5:p:1359-1386
    DOI: 10.1111/joes.12218
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    3. Adalmir Marquetti & Catari Vilela Chaves & Leonardo Costa Ribeiro & Eduardo da Motta e Albuquerque, 2018. "Rate of profit in the United States and in China (2007-2014): introductory comparison of two trajectories," Textos para Discussão Cedeplar-UFMG 577, Cedeplar, Universidade Federal de Minas Gerais.
    4. Charlotte Bartels & Felix Kersting & Nikolaus Wolf, 2021. "Testing Marx. Income inequality, concentration, and socialism in late 19th century Germany," Working Papers 0211, European Historical Economics Society (EHES).
    5. Luis Daniel Torres-Gonzalez & Jacobo Ferrer-Hernandez & Adrian Martınez, 2022. "On the Long-Run Neutrality of Profits-Wages Ratios in the Determination of International Relative Prices Under Absolute Advantages," Working Papers 2208, New School for Social Research, Department of Economics.

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