3 papers
econ.TH2026
On dynamic price formation in the course of capital reallocation driven by differential rates of profit: strict conservation of value supports Karl Marx's theory
Norbert Ankri, Païkan Marcaggi
We develop a dynamic three-sector model in which Marx's aggregate equalities (total price equals total value and total profit equals total surplus value) are treated as strict cons…
econ.TH2023
Marx's two aggregate invariants and the solution of the transformation problem in a Morishima-type formalism
Norbert Ankri, Païkan Marcaggi
The unit value of a commodity, as correctly determined by Michio Morishima's method and its variations, is the sum of the labour-values of its inputs and the direct labour required…
econ.GN2022
From Marx's fundamental equalities to the solving of the transformation problem -- Coherence of the model
Norbert Ankri, Païkan Marcaggi
Recently, V. Laure van Bambeke used an original approach to solve the famous problem of transformation of values into production prices by considering that capital reallocation to…