Abstract
The theory of political economy is used to analyze the excess profit in this paper. The paper points out that the differences in labor productivity and labor value will form different combinations. Whether the multinational enterprises can obtain the excess profit depends on the combined effect of the difference of labor productivity and the international difference of labor value. Multinational enterprises in developing countries produce goods only to obtain negative excess profits in developed countries. As of the goods produced in developing countries, if the enterprise difference of the labor productivity is less than the international difference of the labor force value, the excess profit can be obtained.
Translated title of the contribution | An Analysis of the Political Economy of the Excess Profits of Transnational Corporations: The Combined Effects of Labor Productivity Differences and the International Differences of Labor Value |
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Original language | Chinese (Simplified) |
Pages (from-to) | 32-38 |
Number of pages | 7 |
Journal | 教学与研究 |
Issue number | 08 |
Publication status | Published - 2016 |
Keywords
- political economy
- transnational corporation
- excess profit
- labor productivity
- labor value