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Wages Paid in Kind in Self-Replacing Economies

Alberto Benítez Sánchez () and Alejandro Benítez Sánchez ()
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Alberto Benítez Sánchez: Alberto Benítez Sánchez. Economics Department, Universidad Autónoma Metropolitana,
Alejandro Benítez Sánchez: Industrial Engineering Department, Instituto Tecnológico de Tijuana,

International Journal of Business and Social Research, 2014, vol. 4, issue 5, 1-11

Abstract: This paper studies the two systems of production equations corresponding respectively to wages paid entirely or partially in kind in Sraffa’s self-replacing economies. Regarding the first system, the paper introduces the concept of Ï -shaped matrix, which is relevant to the subject and allows also for the addition of a complementary remark to the theory of semi-positive square matrices. In relation to the second system, it points out some differences between the cases studied here and those where the whole wage is paid in value.

Keywords: Sraffa; Wages Paid in Kind; Prices; Frobenius’ Theorem; Viable Economies (search for similar items in EconPapers)
Date: 2014
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