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Estimando la tasa de plusvalía en la industria: un estudio de Corea del Sur mediante el método de transformación inversa

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  • Rieu, Dong-Min

    (National University of Chungnam)

  • Park, Hyun Woong

    (University of Denison)

Abstract

Based upon the “new interpretation” of Marxian value theory, this paper provides the inverse transformation method to estimate the rate of surplus value at the industry level. Without assuming the equalized rate of surplus-value as a long-period position, we can analyze the dynamic of unequal development between industries. As an empirical verification of the methodology, we also examine the South Korean economy through Marxian’s perspective of value theory.

Suggested Citation

  • Rieu, Dong-Min & Park, Hyun Woong, 2022. "Estimando la tasa de plusvalía en la industria: un estudio de Corea del Sur mediante el método de transformación inversa," El Trimestre Económico, Fondo de Cultura Económica, vol. 89(354), pages 567-586, abril-jun.
    • Handle: RePEc:elt:journl:v:89:y:2022:i:354:p:567-586
    DOI: https://doi.org/10.20430/ete.v89i354.1493
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    Keywords

    New interpretation; inverse transformation; rates of surplus value at the industry level; monetary expression of labor time.;
    All these keywords.

    JEL classification:

    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
    • E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Kaleckian

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