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On constructing numeraire-free measures of price--value deviation: a note on the Steedman--Tomkins distance

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  • Theodore Mariolis
  • George Soklis

Abstract

This paper argues that there exists an infinite number of numeraire-free measures (à la Steedman--Tomkins) of price--value deviation. On the empirical side it provides an illustration of those measures using input--output data from the Swedish economy. Copyright The Author 2010. Published by Oxford University Press on behalf of the Cambridge Political Economy Society. All rights reserved., Oxford University Press.

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File URL: http://hdl.handle.net/10.1093/cje/beq032
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Bibliographic Info

Article provided by Oxford University Press in its journal Cambridge Journal of Economics.

Volume (Year): 35 (2011)
Issue (Month): 3 ()
Pages: 613-618

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Handle: RePEc:oup:cambje:v:35:y:2011:i:3:p:613-618

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Cited by:
  1. Theodore Mariolis & George Soklis & Eugenia Zouvela, 2013. "Testing Böhm-Bawerk’s theory of capital: Some evidence from the Finnish economy," The Review of Austrian Economics, Springer, vol. 26(2), pages 207-220, June.
  2. Iliadi, Fotoula & Mariolis, Theodore & Soklis, George & Tsoulfidis, Lefteris, 2012. "Bienenfeld’s approximation of production prices and eigenvalue distribution: some more evidence from five European economies," MPRA Paper 36282, University Library of Munich, Germany.

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