The unknown masterpiece: Marx's model of capital

Article Abstract:

Karl Marx used a realist concept of science and his retroductive method was related to discovery rather than to proof. Non-empirical objects have to be imagined before they can be understood. Marx's model contained interdependent elements, and effects and causes are intertwined. Marx set out this interdependence in his work 'Grundrisse', but he did not realise what he had achieved and did not alert the reader to this interdependence at the start of 'Capital".

Criticism and interpretation, Marxist economics, Works, Marx, Karl (German political philosopher)

---

Standardized capital stock estimates in Latin America: A 1950-94 update

Article Abstract:

The lack of comparable capital stock estimates in Latin America has hampered analysis of economic development in the area. For the period 1950-94 standardized gross and net fixed capital stock estimates are presented for seven Latin american countries, based on the perpetual inventory method.

Research, Economic research, Capital stock, Latin America

---

Cultural globalisation, institutional diversity and the unequal accumulation of intellectual capital

Article Abstract:

Global economic integration may help institutional diversity if economies specialize according to their comparative institutional advantage. A global system of intellectual property rights limits the diversity of capitalism and may result in an unequal accumulation of intellectual capital.

Italy, Public affairs, Licenses, Patents & Trademarks, Social aspects, International aspects, Intellectual property, Multiculturalism, Global economy, Report

Similar abstracts:

• Abstracts: Three and a half cycles of 'mania, panic, and (asymmetric) crash': East Asia and Latin America compared. Economic crisis in East Asia: the clash of capitalisms
• Abstracts: An integrated model of the data measurement and data generation processes with an application to consumers' expenditure
• Abstracts: The peculiar scale economies of lotto. Measures of agricultural support policies in transition economies: 1994-1997
• Abstracts: Growth and productivity: A model of cumulative growth and catching up. Reply to Tran-Nam Binh and Mark McGillivray, 'Foreign aid, taxes and public investment: a comment.' (response to Tran-Nam Binh and Mark McGillivray, Journal of Development Economics, vol. 41, p. 173, June 1993)
• Abstracts: Tests of conditional asset pricing models in the Brazilian stock market. Target zone models with stochastic realignments: an econometric evaluation

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.