Empirical Estimates of Marxian Categories in Mexico: 1970-1975

Jose Alberro () and María Dolores Nieto-Ituarte
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María Dolores Nieto-Ituarte: El Colegio de Mexico, Mexico 20, D.F.

Review of Radical Political Economics, 1986, vol. 18, issue 4, 32-46

Abstract: In this paper, we report our attempts to use Marxian value categories to describe some aspects of the behavior of the Mexican economy between 1970 and 1975. We find that Mexican workers were much more exploited than either United States or Puerto Rican workers; that relative surplus value explained more than half of the change in the rate of exploitation, that technological change was biased against the capital producing sector, and that profit rates in both value and price terms were much higher than the ones in either the United States or Puerto Rico.

Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:18:y:1986:i:4:p:32-46

DOI: 10.1177/048661348601800402

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