Marxian categories empirically estimated: the Philippines, 1961-1994
By: Venida, Victor S.
Material type:
ArticlePublisher: 2007Description: p.58-79.Subject(s): Marxian, economics
In:
Review of Radical Political EconomicsSummary: The article uses a formal model to estimate rates of surplus creation and use for the Philippines. Input-output tables from 1961 to 1994 were used in the estimation. The theoretical framework was the model of social disarticulation, which argued that income inequality and labor surplus resulted in substantial rates of surplus. Results for the Philippines confirmed these arguments and also suggested that a large portion of the surplus might have been devoted to unproductive purposes. - Reproduced.
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Articles
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Indian Institute of Public Administration | Volume no: 39, Issue no: 1 | Available | AR75076 |
The article uses a formal model to estimate rates of surplus creation and use for the Philippines. Input-output tables from 1961 to 1994 were used in the estimation. The theoretical framework was the model of social disarticulation, which argued that income inequality and labor surplus resulted in substantial rates of surplus. Results for the Philippines confirmed these arguments and also suggested that a large portion of the surplus might have been devoted to unproductive purposes. - Reproduced.


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