Re: (OPE-L) Re: The increasing transformation problem

From: Ernesto Screpanti (screpanti@UNISI.IT)
Date: Tue Jun 10 2003 - 03:16:30 EDT

At 09.55 05/06/2003 -0400, you wrote:
>Ernesto wrote on Thursday, June 05:
> > Problem:
> > When the organic composition of capital is not uniform, production prices
> > are different from labour values.
> > Is it possible to say that the greater the dispersion of organic
> > compositions the higher the differences between prices and labour values.
> > In other words: is it true that the price-value differences are an
> > increasing function of the differences between the actual and the average
> > organic composition of capital?
>Hi Ernesto. It's good to hear from you again.
>By posing your question as above, you are assuming that the dispersion
>among compositions of capital and between values and PoP has been
>increasing (hence your question about whether there is an "increasing"
>transformation problem).  Isn't it at least possible that the dispersions
>have been *decreasing* rather than increasing?  As you know,
>Paul C and Allin have done some empirical work about this.

Can you give me the reference, please?

>What is your intuitive basis for assuming increasing disparities?

It is very simple: since the price-value differences arise from a
difference between actual and average organic compositions, I surmise that
the former are an increasing function of the latter.

>In solidarity,



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