Okishian

comparative more Okishian · superlative most Okishian

1. Of or pertaining to the Japanese economist Nobuo Okishio and his theories.

   What and why does Okishian theory locate the theoretical boundary separating the internal from the external?

   2012 March, Yoshikazu Sato, “Okishio Theory Revisited in the Light of 'Axiomatic Externality'”, in Journal of International Economic Studies, volume 26, Institute of Comparative Economic Studies, Hosei University, →DOI, →ISSN, page 52

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   The generality of the Okishian theorem has thus been refuted, and that theorem is thus confined to a special case (i.e. neoclassical-perfect competition in the absence of fixed capital).

   1991, G. Reuten, “Accumulation of capital and the foundation of the tendency of the rate of profit to fall”, in Cambridge Journal of Economics, volume 15, number 1, →DOI, →ISSN, page 91

   Nonetheless the Okishian critique can be refuted at a different level of abstraction, that is, that of competition between capitals/firms.

   1998, Riccardo Bellofiore, Marxian Economics: A Reappraisal, volume 2, Springer, →ISBN, page 182