Calculation of the Rate of Surplus Value of the Portuguese Economy: An Empirical Approach Based on the Marxist Labor Theory of Value
Review of Radical Political Economics
Published online on February 26, 2026
Abstract
Review of Radical Political Economics, Ahead of Print.
This article estimates the rate of surplus value of the Portuguese economy between 1995 and 2022 based on Marx’s labor theory of value. Drawing on national accounts and input-output tables, we calculate the monetary expression of labor time (MELT) and ...
This article estimates the rate of surplus value of the Portuguese economy between 1995 and 2022 based on Marx’s labor theory of value. Drawing on national accounts and input-output tables, we calculate the monetary expression of labor time (MELT) and ...