ILPC 2026

 The debate sourrounding the recent global economic crisis (2008-2012) has not yet ceased. Inquiring about its origins and dynamics is an urgent need task if one wants to obtain deep insights of its structural determinants and possible future paths. The present exposition intends to estimate the average rates of profit and average rates of exploitation for the set of countries that make up the World Input-Output Database (WIOD) and the base of harmonized input-output tables of the Organization for Economic Cooperation and Development. (OECD). These databases cover a total of 40 and 34 countries, respectively, for the period between 1995 and 2011. This temporary cut allows to study with a high level of detail the period immediately before the outbreak of the crisis (2008). Adapting and expanding the methodology developed in Capobianco (2012 and 2013) it is proposed to build, for each country, an annual series of the average rates of profit and average rates of exploitation, within the framework of a labor values and production prices model that contemplates the variable capital part, the constant circulating capital part and the constant fixed capital part (when avaliable). To have a reference of the global economy as a whole, a global input-output matrix for the same period will be constructed. The relationship between the rate of profit and the appropriation of surplus value by sectors known as unproductive will also be explored (Shaikh & Tonak, 1994). Obtained results will be compared with other measurement methods commonly used in the literature, which use national accounts information without making any transformation. In the case of the rate of surplus value, it will be compared with that obtained by the Farina method (2017), supported methodologically in Farina & Ralón (2015) and Farina & Brito (2017). In the case of the rate of profit, making a critical apraisal to previous efforts such as Cockshott, Cottrell & Michaelson (1995) and Barrera & López (2010). By means of this analysis, the proposition of Shaikh (2006) about a quasi-linear and monotonic relationship between the rates of profit in values and in prices of production or transformed, can be contrasted. It will be explored if a similar proposition can be postulated for the rates of surplus value. Finally, methods that consider negligible in variable capital and the constant capital in circulation will be discussed.