Measuring commodities' commodity content

A. Manresa; F. Sancho; J. S. Vegara

doi:https://doi.org/10.1080/09535319800000026

Measuring commodities' commodity content

A. Manresa, F. Sancho, J. S. Vegara

Department of Economics and Economic History

Research output: Contribution to journal › Article › Research › peer-review

11 Citations (Scopus)

Abstract

Within the standard linear framework, a methodology, formally similar to the labour theory of value, is proposed to compute the direct and indirect commodity contents of any produced good. The proposal is then compared with the more familiar social accounting matrix (SAM) accounting procedure, using an appropriate partitioning of the SAM accounts. Some numerical results are then obtained and compared using a recently compiled SAM for Catalonia. The empirical results show the practical feasibility of the proposed methodology.

Original language	English
Pages (from-to)	357-365
Journal	Economic Systems Research
Volume	10
DOIs	https://doi.org/10.1080/09535319800000026
Publication status	Published - 1 Jan 1998

Keywords

Commodity contents
Input-output multipliers
Interdependence
SAM multipliers

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https://doi.org/10.1080/09535319800000026

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title = "Measuring commodities' commodity content",

abstract = "Within the standard linear framework, a methodology, formally similar to the labour theory of value, is proposed to compute the direct and indirect commodity contents of any produced good. The proposal is then compared with the more familiar social accounting matrix (SAM) accounting procedure, using an appropriate partitioning of the SAM accounts. Some numerical results are then obtained and compared using a recently compiled SAM for Catalonia. The empirical results show the practical feasibility of the proposed methodology.",

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AU - Vegara, J. S.

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N2 - Within the standard linear framework, a methodology, formally similar to the labour theory of value, is proposed to compute the direct and indirect commodity contents of any produced good. The proposal is then compared with the more familiar social accounting matrix (SAM) accounting procedure, using an appropriate partitioning of the SAM accounts. Some numerical results are then obtained and compared using a recently compiled SAM for Catalonia. The empirical results show the practical feasibility of the proposed methodology.

AB - Within the standard linear framework, a methodology, formally similar to the labour theory of value, is proposed to compute the direct and indirect commodity contents of any produced good. The proposal is then compared with the more familiar social accounting matrix (SAM) accounting procedure, using an appropriate partitioning of the SAM accounts. Some numerical results are then obtained and compared using a recently compiled SAM for Catalonia. The empirical results show the practical feasibility of the proposed methodology.

KW - Commodity contents

KW - Input-output multipliers

KW - Interdependence

KW - SAM multipliers

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VL - 10

SP - 357

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JO - Economic Systems Research

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Measuring commodities' commodity content

Abstract

Keywords

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