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Wages Paid in Kind in Self-Replacing Economies

Author

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  • Alberto Benítez Sánchez

    (Alberto Benítez Sánchez. Economics Department, Universidad Autónoma Metropolitana,)

  • Alejandro Benítez Sánchez

    (Industrial Engineering Department, Instituto Tecnológico de Tijuana,)

Abstract

This paper studies the two systems of production equations corresponding respectively to wages paid entirely or partially in kind in Sraffa’s self-replacing economies. Regarding the first system, the paper introduces the concept of Ï -shaped matrix, which is relevant to the subject and allows also for the addition of a complementary remark to the theory of semi-positive square matrices. In relation to the second system, it points out some differences between the cases studied here and those where the whole wage is paid in value.

Suggested Citation

  • Alberto Benítez Sánchez & Alejandro Benítez Sánchez, 2014. "Wages Paid in Kind in Self-Replacing Economies," International Journal of Business and Social Research, LAR Center Press, vol. 4(5), pages 1-11, May.
    • Handle: RePEc:lrc:larijb:v:4:y:2014:i:5:p:1-11
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    References listed on IDEAS

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    4. Bidard,Christian, 2011. "Prices, Reproduction, Scarcity," Cambridge Books, Cambridge University Press, number 9780521180191.
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