This paper computes the values of commodities(including fixed capital) as well as production prices in China's economy. In light of Marx's transformation problem, the ratios of production prices to the values ...This paper computes the values of commodities(including fixed capital) as well as production prices in China's economy. In light of Marx's transformation problem, the ratios of production prices to the values of 24 major commodities are computed. It is shown that the ratio of price to value in agriculture is the lowest, which indicates that agriculture is facing an unequal exchange of labor with other sectors.展开更多
文摘This paper computes the values of commodities(including fixed capital) as well as production prices in China's economy. In light of Marx's transformation problem, the ratios of production prices to the values of 24 major commodities are computed. It is shown that the ratio of price to value in agriculture is the lowest, which indicates that agriculture is facing an unequal exchange of labor with other sectors.
