Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

Modern Classical Economics and Reality

Modern Classical Economics and Reality

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9784431550037
Condition
New
Product Description

This book presents an in-depth, novel, and mathematically rigorous treatment of the modern classical theory of value based on the spectral analysis of the priceprofitwage rate system. The classical theory is also subjected to empirical testing to show its logical consistency and explanatory content with respect to observed phenomena and key economic policy issues related to various multiplier processes. In this context, there is an examination of the trajectories of relative prices when the distributive variables change, both theoretically and empirically, using actual inputoutput data from a number of quite divers e economies. It is suggested that the actual economies do not behave like the parable of a one-commodity world of the traditional neoclassical theory, which theorizes the relative scarcities of goods and production factors as the fundamental determinants of relative prices and their movement. By contrast, the results of the empirical analysis are fully consistent with the modern classical theory, which makes the intersectoral structure of production and the way in which net output is distributed amongst its claimants the fundamental determinants of price magnitudes. At the same time, however, these results indicate that only a few vertically integrated industries (industry core or hyper-basic industries) are enough to shape the behaviour of the entire economy in the case of a disturbance. This fact is reduced to the skew distribution of the eigenvalues of the matrices of vertically integrated technical coefficients and reveals that, across countries and over time, the effective dimensions of actual economies are surprisingly low. Normal 0 false false false EN-US JA X-NONE />.

Available Colors
Available Sizes
1 Offer Price Range: $84.99 - $84.99
BEST PRICE

Single Product Purchase

$84.99
@ Link.springer.com     BUY Now

Price Comparison

Seller Contact Seller List Price On Sale Shipping Best Promo Final Price Volume Discount Financing Availability Seller's Page
BEST PRICE
1 Product Purchase
@ Link.springer.com
Contact Store Call Store Contact Support
$84.99 $84.99

$84.99
See Site In stock Visit Store

Similar Products

Traffic Monitoring and Analysis

$54.99

Constraint Programming: Basics and Trends

$39.99

Simulation im Luftverkehr

$44.99

Global and Regional Climate Interaction: The Caspian Sea Experience

$84.99

Intelligence and Security Informatics

$49.99

Akustische Ethogramme von Hhnern

$49.99

Neurotrophic Factors

$89.00

The Crossing

$5.99

Unternehmensplanung im Mittelbetrieb

$59.99

British Politics and European Elections 1999

$59.00

The Role of Glycosylation in Health and Disease

$219.99

Fluoroquinolone Antibiotics

$84.99

Analysis einer Vernderlichen prgnant erklrt

$19.99

The Role of Oxygen Radicals in Cardiovascular Diseases

$169.99

Was Schulen fr ihre guten Schlerinnen und Schler tun knnen

$64.99

Finite Sample Analysis in Quantum Estimation

$109.99

Parasite Genomics Protocols

$109.99

European Market for Fruit and Vegetables

$219.99

HCI International 2021 - Posters

$84.99

Real World Applications of Computational Intelligence

$129.00

Globalization and Sustainable Growth in China

$119.99

Untersuchungen zur Bestimmung des Zeitstandverhaltens thermoplastischer Kunststoffe bei Zug- und Bie

$59.99

Advances in Robot Learning

$39.99

Gender Studies, Entrepreneurship and Human Capital

$169.99

Interpolationsmethoden zur Behandlung von Approximationsprozessen auf Banachrumen

$29.95

Das System Internationaler Einheiten (SI)

$59.99

Saturated Control of Linear Systems

$109.99

Build Your Own CNC Machine

$49.99

Die Erforschung des Chaos

$39.99

Active Middleware Services

$109.99

Survival of the European (Dis) Union

$99.99

Politik und Gesellschaft im Kaukasus

$64.99

AIDS and Aid

$84.99

The Son of Neptune- The Graphic Novel Heroes of Olympus Series 2 by Rick Riordan

$14.99

International Migration in Southeast Asia

$54.99

Software Architecture in Action

$49.99

Computational Turbulent Incompressible Flow

$54.99

Socio-biological Implications of Confucianism

$84.99

Integration II

$159.99

Proceedings of International Conference on Advanced Communications and Machine Intelligence

$279.99