Social norms, fluctuations and money in a linear model
In: Discussion papers
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In: Discussion papers
In: PSL Quaterly Review, Band 67, Heft 270, S. 309-342
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In: The European journal of the history of economic thought, Band 23, Heft 1, S. 127-151
ISSN: 1469-5936
In: Structural change and economic dynamics, Band 15, Heft 4, S. 381-400
ISSN: 1873-6017
In: The Manchester School, Band 65, Heft 3, S. 328-341
ISSN: 1467-9957
It is argued that the method of comparison of techniques adopted by Sraffa can be extended beyond the area of constant returns to scale or diminishing returns on land. The case of variable returns at the industry level related to external diseconomies is investigated. It is shown that, under the assumption of a gradual increase in demand at a given uniform rate of profit, the choice of techniques by competitive firms can be inefficient and this inefficiency affects income distribution in a different way than the inefficiency arising in the case of external economies.
In: Journal of post-Keynesian economics, Band 10, Heft 4, S. 585-601
ISSN: 1557-7821
In: Journal of post-Keynesian economics, Band 6, Heft 4, S. 551-560
ISSN: 1557-7821
In: The Manchester School, Band 50, Heft 3, S. 211-219
ISSN: 1467-9957
In: Journal of post-Keynesian economics, Band 3, Heft 1, S. 63-78
ISSN: 1557-7821
In: Est-ovest: rivista di studi sull'integrazione europea, Band 2, Heft 3, S. 43-65
ISSN: 0046-256X
In: Routledge studies in the history of economics v. 114