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Commodity Content in a General Input-Output Model: A Comment

Commodity Content in a General Input-Output Model

Bibliographic Data

ID23229846
AuthorsNaoki Yoshihara (0000-0002-0804-787X, Hitotsubashi University, corresponding author), Roberto Veneziani (0000-0001-6431-0145, Hitotsubashi University, corresponding author)
Year2010
Volume61
Issue4
Pages740-748
Publication date2010-11-01
Open AccessYes
TypeARTICLE
VenueMetroeconomica (JOURNAL)
Journal identifiersISSN: 0026-1386 • E-ISSN: 1467-999X
PublisherWiley (PUBLISHER • GB)
DOI10.1111/j.1467-999x.2010.04091.x
OpenAlexW2116107160
LanguageEN
Citations received5
References cited5

This paper critically analyses the approach to the determination of values, or commodity contents, developed by Fujimoto and Opocher in 2009. Even setting aside various problematic definitional issues, the broader implications of the approach for classical theory are unclear. First, the value-theoretic definitions of skill differentials and bads capture at best necessary conditions and it is unlikely that such definitions can be provided by focusing only on the technological data of the economy. Second, the approach has various interesting implications concerning the relation between productiveness and exploitation that directly contradict some of the authors' claims.

Aside · Commodity · Economics · Market economy · Mathematical economics · Microeconomics · Neoclassical economics · Positive economics · Relation (database) · Value (mathematics) · Computer Science · Economic Theory and Institutions · Economic Theory and Policy · Philosophy · Political Economy and Marxism

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Citations per year0.38
Citation span2013 - 2018 (6)
Highly citedNo

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