Marxian Categories Empirically Estimated: The Philippines, 1961-1994

Victor Venida

Review of Radical Political Economics, 2007, vol. 39, issue 1, 58-79

Abstract: The article uses a formal model to estimate rates of surplus creation and use for the Philippines. Input-output tables from 1961 to 1994 were used in the estimation. The theoretical framework was the model of social disarticulation, which argued that income inequality and labor surplus resulted in substantial rates of surplus. Results for the Philippines confirmed these arguments and also suggested that a large portion of the surplus might have been devoted to unproductive purposes.

Keywords: surplus value; Philippines; social disarticulation; input-output (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:39:y:2007:i:1:p:58-79

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