Sortino, Antonio; Chang Ting Fa, Margherita; Piccinini, … - Volkswirtschaftliche Fakultät, … - 2008
analyze the problem, we shall introduce the theoretical framework of the “re-switching of techniques” from the neo …-ricardian theory (Sraffa 1960). Sraffa, within the “re-switching” framework, pointed out that a low-capital-intensive technique may be … competitive both at a relatively low and high rate of profit. Finally, after we have shown two examples of economic models of “re-switching …