Economics Department Working Paper Series
Working Paper Number
2015-05
Publication Date
2015
Abstract
This paper surveys some of the quantitative empirical research in two areas of Marxist political economy: (a) Marxist national accounts, and (b) Marxist responses to the Sraffa-based critique of the 1970s. With respect to the first area, this paper explains the basic methodology underlying the construction of Marxist national accounts from traditional input-output data. With respect to the second area, it offers a short review of the theoretical literature surrounding the Sraffa-based critique of the 1970s, and subsequently discusses three Marxist responses in detail: the standard interpretation, the probabilistic interpretation and the new interpretation. It explains the basic theoretical positions of these three approaches and reviews the quantitative empirical work conducted within each.
DOI
https://doi.org/10.7275/6919009
Recommended Citation
Basu, Deepankar, "A Selective Review of Recent Quantitative Empirical Research in Marxist Political Economy" (2015). Economics Department Working Paper Series. 192.
https://doi.org/10.7275/6919009