Replication Data for: The Solution to Marx’s Transformation Problem in the Direct and Inverse Formulation (Programs for transformational calculations and illustration of the effect of the law of large numbers)
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https://doi.org/10.7910/DVN/UKI7SC
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Abstract. In this paper, the author presents fundamentally new methods for transforming the value of commodities into original and equilibrium prices of production using Karl Marx's five-sector tables from the third volume of Capital. Mathematical verification of methods is performed using sequential iterations and the program Wolfram Mathematics. For the first time, the method of inverse transformation of production prices of commodities into value prices is presented. It is proved that the pricing systems based on the principles of value and price of production are not mutually exclusive. They complement each other, representing a single whole. A comprehensive solution to the transformation problem shows that Karl Marx does not have the mistakes attributed to him by critics. JEL classification: B14, B16, B24, E11, E20, E21, E22, P16, P17 Keywords: transformation problem, original transformation, the individual sphere of production, the equilibrium price of production, inverse transformation
创建时间:
2020-07-09



