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Price Calculations


  • Oldrich Kyn

    (Boston University)

  • Bohuslav Sekerka


  • Lubos Hejl



This paper reports about experimental calculations of basic types of prices in Czechoslovakia. The calculated prices based on the Input- Output model of the economy were 1)Cost prices, 2)Labor-value prices, 3)Production prices, 4) Income prices. The paper contains theoretical formulation of the price models, brief description of the empirical data, comments about computer programs used, and analysis of the results.

Suggested Citation

  • Oldrich Kyn & Bohuslav Sekerka & Lubos Hejl, 2005. "Price Calculations," Development and Comp Systems 0510011, University Library of Munich, Germany.
  • Handle: RePEc:wpa:wuwpdc:0510011
    Note: Type of Document - doc

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    More about this item


    Input-Output; Price models; Socialist economy; Cost price; Labor value; Production price; Income price; Two channel price; Czechoslovakia.;

    JEL classification:

    • O - Economic Development, Innovation, Technological Change, and Growth
    • P - Economic Systems

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