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Jenseits des Transformationsproblems. Vorläufiges Resümee einer Diskussion zum werttheoretischen Ansatz von F. Helmedag
[Beyond the transformation problem. Preliminary result of a discussion about the approach of F. Helmedag in the framework of the labour theory of value]

Author

Listed:
  • Quaas, Friedrun
  • Quaas, Georg
Abstract
Recently, F. Helmedag has made an attempt to revive the labour theory of value by trying to demonstrate the superiority of a theoretical model of the economy that uses values instead of prices of production in their traditional or in their modern form, that is Bortkiewicz- or Sraffa-prices. This theoretical effort has been vehemently criticised by Neoricardians. In the present article, the authors reconstruct the main points of the actual discussion by a critical analysis of the more objective arguments. These are centred on the theoretical method and the real determinants for a decision between different price-systems. Specific influence factors like the choice of technique and the methods of financing play a crucial role in the discussion of a realistic rationale for the surplus-distribution among different sectors of the economy. It turns out that neither the made attempt nor its criticism is theoretically elaborated and valid enough to decide the main question: which of the discussed theories does better fit to the empirical data?

Suggested Citation

  • Quaas, Friedrun & Quaas, Georg, 1996. "Jenseits des Transformationsproblems. Vorläufiges Resümee einer Diskussion zum werttheoretischen Ansatz von F. Helmedag [Beyond the transformation problem. Preliminary result of a discussion about ," MPRA Paper 20529, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:20529
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    File URL: https://mpra.ub.uni-muenchen.de/20529/1/MPRA_paper_20529.pdf
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    References listed on IDEAS

    as
    1. Quaas, Friedrun, 1991. "Wolfgang Mühlpfordt - ein Vorgänger von Bortkiewicz? Zu den theoretischen Quellen des sogenannten Transformationsproblems [Wolfgang Mühlpfordt as an predecessor of Bortkiewicz. Concerning the theor," MPRA Paper 20348, University Library of Munich, Germany.
    2. Helmedag Fritz, 1995. "Ohne Fleiß kein Preis: Nochmals zur Erklärungskraft der Arbeitswertlehre," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 214(4), pages 470-482, August.
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    Cited by:

    1. Quaas Friedrun, 2000. "Das Transformationsproblem von Werten in Produktionspreise. Ein Diskussionsbeitrag zur Geschichte und zum Stand der Debatte," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 220(1), pages 108-121, February.

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    2. Quaas, Friedrun, 1994. "Wolfgang Muhlpfordt and the "Transformation Problem": Some Remarks on Articles by Howard and King and Gilibert," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 18(3), pages 323-326, June.
    3. Quaas Friedrun, 2000. "Das Transformationsproblem von Werten in Produktionspreise. Ein Diskussionsbeitrag zur Geschichte und zum Stand der Debatte," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 220(1), pages 108-121, February.

    More about this item

    Keywords

    transformation problem of values into production prices; labour value theory; Bortkiewic-prices; Sraffa-prices; choice of technique;
    All these keywords.

    JEL classification:

    • B16 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Quantitative and Mathematical
    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Kaleckian

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