Wages Paid in Kind in Self-Replacing Economies

Alberto Benítez Sánchez, Alejandro Benítez Sánchez

Abstract


This paper studies the two systems of production equations corresponding respectively to wages paid entirely or partialy in kind in Sraffa's self-replacing economies. Regarding the first system, the paper introduces the concept of ρ-shaped matrix, which is relevant to the subject and allows also for the addition of a complementary remark to the theory of semi-positive square matrices. In relation to the second system, it points out some differences between the cases studied here and those where the whole wage is paid in value.

Keywords


Sraffa; Wages Paid in Kind; Prices; Frobenius' Theorems; Viable Economies.

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References


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DOI: http://dx.doi.org/10.18533/ijbsr.v4i5.501

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International journal of business and social research (Print)
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