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Abstract Labour in a Model of Joint Production

Keywords: abstract labour, eigenvalue, eigenvector, heterogeneous labour, kakutani fixed point theorem.

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Abstract:

this paper presents a new mathematical method for constructing abstract labour as conceived by karl marx, in a general input-output model with joint production and heterogeneous labour. a brief history of previous efforts to define and compose abstract labour using input-output models is also described. a numerical example is given to show how our method works in a concrete way.

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