Input-output evidence on the relative price effects of total productivity shift

被引:0
|
作者
Mariolis, Theodore [1 ]
Rodousakis, Nikolaos [1 ]
Christodoulaki, Antonia [1 ]
机构
[1] Panteion Univ, Dept Publ Adm, Athens, Greece
关键词
eigenvalue distribution; price effects; relative shares of labour; Sraffian analysis; total productivity shift;
D O I
10.1080/02692171.2014.956702
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper provides empirical evidence on the relative price effects of a notional shift in total productivity using data from ten Symmetric Input-Output Tables of five European economies. The results suggest that the direction of the price-movements is, more often than not, governed by the (traditional) labour cost condition and this could be connected to the effective ranks of the matrices of the relative shares of the capital goods.
引用
收藏
页码:150 / 163
页数:14
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