The Measurement of Unequal Exchange
- 24 July 1984
- journal article
- research article
- Published by SAGE Publications in Environment and Planning A: Economy and Space
- Vol. 16 (7) , 927-947
- https://doi.org/10.1068/a160927
Abstract
Unequal exchange is the deviation of the prices of commodities from their values that results from intersectoral profit equalisation and from institutional barriers. Its magnitude is measured in this paper. The method of calculating unequal exchange from input—output tables is outlined, then the results are presented. The results show that, if commodities produced in the Philippines in 1961 had sold at the same price—value ratio as did commodities produced in Canada in the same year, total export revenue would have amounted to 5.269 billion pesos instead of the actual 1.129 billion pesos.This publication has 6 references indexed in Scilit:
- Unequal Exchange and Uneven DevelopmentEnvironment and Planning D: Society and Space, 1983
- EMPIRICAL ESTIMATION OF INTERSECTORAL AND INTERREGIONAL TRANSFERS OF SURPLUS VALUE: THE CASE OF ITALY*Journal of Regional Science, 1983
- Productive and Unproductive Labor and Marx's Theory of ClassReview of Radical Political Economics, 1981
- An international comparison of the rate of surplus value in manufacturing industryCambridge Journal of Economics, 1981
- Unequal Exchange: Theoretical Issues and Empirical FindingsReview of Radical Political Economics, 1980
- Marxian Political EconomyPublished by Cambridge University Press (CUP) ,1977