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Author:Ding, Baojun
Title:A study of the transformation of value (original in Chinese)
Journal:Social Sciences in China (c)
1999 : 5, p.21-
Index terms:VALUE ANALYSIS
ECONOMETRIC MODELS
MARXIAN ECONOMICS
VALUE THEORY
Language:chn
Abstract:The author uses charts and mathematical equations to analyze the enlarged Marxist value transformation model, and to elucidate in simple way the transformation of production price in the form of factor input. The author suggests that in the enlarged Marxist value transformation model it can be shown by means of equations that total average profit is equal to total surplus value, and total production price is equal to total commodity value. On this basis, the author also analyzes the arithmetic method used by Western scholars in their analysis of value transformation and Ladislaus von Boitkiewicz's research tradition. He concludes that, guided by dialectical materialism and based on scientific abstraction, logic and historical methods, the arithmetic method can be shown to be of great significance in economic analysis.
SCIMA record nr: 197661
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