TY - JOUR
T1 - New aspects of Marx's economic theory in MEGA
T2 - Marx's original six-sector model
AU - Mori, Kenji
N1 - Funding Information:
Earlier versions of this paper were presented at the 21th Annual Conference of the European Society for the History of Economic Thought at University of Antwerp, 18– 20 May 2017 and at the conference “Marx 1818/2018. New Developments on Karl Marx’s Thought and Writings”, Lyon, 27–29 September 2017. I would like to thank the participants for useful comments. I am particularly grateful to two anonymous referees for careful reading and constructive criticism. The usual caveat applies. Mori’s research was supported by JSPS KAKENHI Grant Number 16K03572.
Funding Information:
JSPS KAKENHI [grant number 16K03572]. Earlier versions of this paper were presented at the 21th Annual Conference of the European Society for the History of Economic Thought at University of Antwerp, 18?20 May 2017 and at the conference ?Marx 1818/2018. New Developments on Karl Marx's Thought and Writings?, Lyon, 27?29 September 2017. I would like to thank the participants for useful comments. I am particularly grateful to two anonymous referees for careful reading and constructive criticism. The usual caveat applies. Mori's research was supported by JSPS KAKENHI Grant Number 16K03572.
Publisher Copyright:
© 2018, © 2018 Informa UK Limited, trading as Taylor & Francis Group.
PY - 2018/9/3
Y1 - 2018/9/3
N2 - Marx's Reproduction Scheme is widely known as one of the first two-sector economic models in the history of economic theories. However, a close investigation into Marx's original shows that his multi-sectoral analysis contains not (only) two-sector models but six-sector ones, which were totally omitted by Engels in his editing the manuscripts for Capital, Volume II. Taking up two interesting theoretical episodes in the ignored six-sector analysis, this paper attempts to make sense of Marx's treatment on the price of production and the dynamic process of traverse between two equilibria.
AB - Marx's Reproduction Scheme is widely known as one of the first two-sector economic models in the history of economic theories. However, a close investigation into Marx's original shows that his multi-sectoral analysis contains not (only) two-sector models but six-sector ones, which were totally omitted by Engels in his editing the manuscripts for Capital, Volume II. Taking up two interesting theoretical episodes in the ignored six-sector analysis, this paper attempts to make sense of Marx's treatment on the price of production and the dynamic process of traverse between two equilibria.
KW - MEGA
KW - Marx
KW - non-basic good
KW - six-sector model
KW - traverse
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U2 - 10.1080/09672567.2018.1456556
DO - 10.1080/09672567.2018.1456556
M3 - Article
AN - SCOPUS:85046798267
VL - 25
SP - 893
EP - 911
JO - European Journal of the History of Economic Thought
JF - European Journal of the History of Economic Thought
SN - 0967-2567
IS - 5
ER -