劳动生产率变化引起价格总水平上涨的内在机制

Translated title of the contribution: The Interior Mechanism of Changing Labor Leading to the Rise of Overall Price Productivity Level

Baoli Bai, 张 建国

Research output: Contribution to journalArticlepeer-review

Abstract

This paper explains the interior mechanism of changing productivity leading to the change of overall price level. The change of productivity of goods will lead to the change of the value of the goods, then the change of the price system. In paper money system, price change has a "upward" tendency that leads to the rise of overall price level. Therefore the rise of overall price level in a degree is an inevitable and recurring phenomenon.
Translated title of the contributionThe Interior Mechanism of Changing Labor Leading to the Rise of Overall Price Productivity Level
Original languageChinese (Simplified)
Pages (from-to)66-69
Number of pages4
Journal财经科学
Issue number04
Publication statusPublished - 2005

Keywords

  • labor productivity
  • value
  • price
  • overall price level

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