Measuring the wealth of nations : the political economy of national accounts /

"This book provides an alternate foundation for the measurement of the production of nations, and applies it to the U.S. economy for the postwar period. The patterns which result are significantly different from those derived within conventional systems of national accounts." "Convent...

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Bibliographic Details
Main Author: Shaikh, Anwar
Other Authors: Tonak, Ertuğrul Ahmet
Format: Book
Language:English
Published: Cambridge ; New York : Cambridge University Press, 1994.
Subjects:
Table of Contents:
  • Introduction
  • Basic theoretical foundations
  • Marxian categories and national accounts : money value flows
  • Marxian categories and national accounts : labor value calculations
  • Empirical estimates of Marxian categories
  • A critical analysis of previous empirical studies
  • Summary and conclusions
  • Appendices. A. Methodology of the input-output database ; B. Operations on the real estate and finance sectors ; C. Summary input-output tables ; D. Interpolation of key input-output variables ; E. Annual estimates of primary variables ; F. Productive and unproductive labor ; G. Wages and variable capital ; H. Surplus value and profit ; I. Rates of exploitation of productive and unproductive workers ; J. Measures of productivity ; K. Government absorption of surplus value ; L. Aglietta's index of the rate of surplus value ; M. Mage and NIPA measures of the capitalist sector gross product ; N. The net transfer between workers and the state, and its impact on the rate of surplus value.