Wage-profit curves of the Finnish economy: evidence from the supply and use tables

George Soklis

MPRA Paper from University Library of Munich, Germany

Abstract: This paper extends the empirical investigation of the shape of wage-profit curves to the case of joint production using data from the Supply and Use Tables of the Finnish economy (for the years 1995 through 2004). It is found that (i) the considered systems do not have the usual properties of single-product systems; and (ii) the monotonicity of the wage-profit curves depends on the adopted normalization condition.

Keywords: Wage-profit curves; joint production; supply and use tables; input-output analysis (search for similar items in EconPapers)
JEL-codes: B51 D33 D57 (search for similar items in EconPapers)
Date: 2011
New Economics Papers: this item is included in nep-hme
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:30183

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