The Marx’s “newly created value” and the value added of national accounting

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2024

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Pierre Le Masne, « The Marx’s “newly created value” and the value added of national accounting », Papers in Political Economy, ID : 10670/1.65ioss


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This article shows that the Marx’s “ newly created value” anticipates the net value added of national accounting and that Marx plays in his time a precursory role regarding national accounting. We extend the Marx’s concepts to the non-market sector and we distinguish two categories of “ productive labour” . Relying on data of national accounting, it is then possible to build an accounting of Marx’s type. JEL Classification: B1, B2

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