Junshang Liang
Biographic Data
| ID | 5934681 |
|---|---|
| NAME | Junshang Liang |
| GIVEN NAMES | Junshang |
| FAMILY NAME | Liang |
| SIGNATURE | LIANG J |
| AFFILIATIONS | Department of Economics University of Massachusetts Thompson Hall200 Hicks Way Amherst, MA 01003-9277 |
| ORCID | 0000-0003-3760-963X |
| VERIFIED | Yes |
| TOTAL WORKS | 6 |
| TOTAL CITATIONS | 0 |
| AUTHOR COUNT | 6 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 2016 |
| LATEST PUBLICATION YEAR | 2026 |
| H-INDEX | 0 |
International Labor Value Transfers Through Unproductive-Sector Trade
This article explores a unique mechanism of international labor value transfers: unproductive-sector trade. We develop a model incorporating unproductive sectors and use data from the World Input-Output Database (2000–2014) to estimate these transfers. Analyzing trade patterns and value transfers for 16 countries, we find a growing importance of unproductive-sector trade in international value transfer. Notably, the United States and the United K…
Production Structures and Fluctuations in the Money Supply
In chapter 15 of volume 2 of Capital, Marx introduced the concept of set-free money capital during the turnover process of industrial capital, positing its role in the credit system. Saros further formalized this process, suggesting that set-free money capital could serve as loanable funds, impacting the credit system. This article advances this research by making three significant contributions. Firstly, it offers a more succinct formalization o…
The Falling Rate of Profit under Constant Rate of Exploitation
In a two-sector model with circulating capital, Laibman (1982) shows that a capital-using and labor-saving technical change in the consumption goods sector lowers the rate of profit under the assumption of constant rate of exploitation. This paper generalizes his finding in a two-department multi-sector model that considers the capital advanced. JEL Classification: B51, C67
Chinese Studies on the Transformation Problem
Marxian economists in China have put forward several interpretations of the transformation problem that differ from interpretations available in the English Marxian literature. These contributions remain unfamiliar to the English world due to language barriers. Thus, this paper provides a review of four representative Chinese contributions. JEL Classification: B51, C67, D46
Understanding China’s New Dual Circulation Development Strategy
The Chinese government has proposed a new development model called Dual Circulation, which, we argue, is a response to the upsurge of trade protectionism in recent years, as well as an acceleration of China’s long-planned restructuring of its economy. Our input-output analysis reveals the inferior global distributional position of China and the dire consequences it faces from a counterfactual US-China trade decoupling. Specifically, China on aver…
Is There Such a Thing as a Non-Alienated “Creatosphere”
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Is There Such a Thing as a Non-Alienated “Creatosphere”
The Falling Rate of Profit under Constant Rate of Exploitation
In a two-sector model with circulating capital, Laibman (1982) shows that a capital-using and labor-saving technical change in the consumption goods sector lowers the rate of profit under the assumption of constant rate of exploitation. This paper generalizes his finding in a two-department multi-sector model that considers the capital advanced. JEL Classification: B51, C67
Chinese Studies on the Transformation Problem
Marxian economists in China have put forward several interpretations of the transformation problem that differ from interpretations available in the English Marxian literature. These contributions remain unfamiliar to the English world due to language barriers. Thus, this paper provides a review of four representative Chinese contributions. JEL Classification: B51, C67, D46
Understanding China’s New Dual Circulation Development Strategy
The Chinese government has proposed a new development model called Dual Circulation, which, we argue, is a response to the upsurge of trade protectionism in recent years, as well as an acceleration of China’s long-planned restructuring of its economy. Our input-output analysis reveals the inferior global distributional position of China and the dire consequences it faces from a counterfactual US-China trade decoupling. Specifically, China on aver…
Production Structures and Fluctuations in the Money Supply
In chapter 15 of volume 2 of Capital, Marx introduced the concept of set-free money capital during the turnover process of industrial capital, positing its role in the credit system. Saros further formalized this process, suggesting that set-free money capital could serve as loanable funds, impacting the credit system. This article advances this research by making three significant contributions. Firstly, it offers a more succinct formalization o…
International Labor Value Transfers Through Unproductive-Sector Trade
This article explores a unique mechanism of international labor value transfers: unproductive-sector trade. We develop a model incorporating unproductive sectors and use data from the World Input-Output Database (2000–2014) to estimate these transfers. Analyzing trade patterns and value transfers for 16 countries, we find a growing importance of unproductive-sector trade in international value transfer. Notably, the United States and the United K…
Economics (5 works) · Political science (4 works) · China (3 works) · Sociology (3 works) · Computer Science (2 works) · Economic theories and models (2 works) · Economic Theory and Policy (2 works) · Global trade and economics (2 works) · International economics (2 works) · International trade (2 works)