reprotosraffa
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ABCDEFGHIJKLMNOPQRSTUVWXYZ
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Sectorcvsliving labourtotal output value
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I£200£67£33100£300
Means of production
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IIa£67£133£67200£267
Necessities
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IIb£33£67£33100£133
Luxuries, arms etc
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Total used£300£267£133400
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wage rate
0.67
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Rate of s/v
50.00%
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The dark shaded areas of the reproduction table are constrained by Marx's reproduction equations
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The light shaded cells are the ones that you can alter to see what the effects of changing the distribution of labour
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or changing the value of constant capital in sector I. These are the only free variables of the reproduction system.
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The spreadsheet will automatically recalculate the result of any changes to the free variables.
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below we present attempt to set up transformed system
Uses simultaneous eqns and recursive solver
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Supply
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Sectorcvprofitliving labourtotal output valueprofit equalising output priceprice to value ratiosupply - demandprofit rate
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I£252£67£59100£300£378£1.26£4218.64%
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IIa£56£133£35200£267£225£0.84-£4218.65%
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IIb£28£67£18100£133£112£0.84£018.65%
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Total demand£336£267£112400
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wage share
66.67%
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Profit rate18.65%
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