Search Results - subject:"Standard Commodity"

On the Ricardian invariable measure of value in general convex economies

Kurose, Kazuhiro; Yoshihara, Naoki - 2018

Persistent link: https://www.econbiz.de/10011957830

Chipping off to compute Sraffa's Standard ratio

Luna, Francesco - In: Keynesian, Sraffian, computable and dynamic economics : …, (pp. 329-347). 2021

This note describes the construction of two versions of an algorithm to compute the Standard ratio as described by Piero Sraffa in his famous Production of commodities by means of commodities (PCMC). The procedures do not rely on linear algebra operations. Each routine has its advantages and...

Persistent link: https://www.econbiz.de/10012523208

Corn-model, subsistence economy and the empirical economy

Sinha, Ajit - In: Keynesian, Sraffian, computable and dynamic economics : …, (pp. 387-396). 2021

This chapter argues that the nature of the problem of determining prices and the uniform rate of profits of Sraffa's surplus producing system can be conceptually separated into his two simpler systems: corn-model and the subsistence economy. This clearly reveals that his solution of this problem...

Persistent link: https://www.econbiz.de/10012523284

Comment on "Sraffa and the Labour Theory of Value: a note" - reply to William Jefferies

Araújo, Fabio - In: Brazilian journal of political economy 41 (2021) 1, pp. 202-206

Persistent link: https://www.econbiz.de/10012813707

Causality vs. interdependence : a distinction that conveys a world's view

Bellino, Enrico; Nerozzi, Sebastiano - In: Pasinetti and the classical Keynesians : nine …, (pp. 112-156). 2021

Persistent link: https://www.econbiz.de/10013198818

Sraffa and the labour theory of value : a note

Araújo, Fabio - In: Brazilian journal of political economy 39 (2019) 4/157, pp. 614-637

Persistent link: https://www.econbiz.de/10012200567

On the Ricardian invariable measure of value in general convex economies

Kurose, Kazuhiro; Yoshihara, Naoki - In: Structural change and economic dynamics : SC+ED 51 (2019), pp. 539-549

Persistent link: https://www.econbiz.de/10012301023

On the Ricardian Invariable Measure of Value: The General Possibility of the Standard Commodity

Kurose, Kazuhiro; Yoshihara, Naoki - 2014

to Sraffa (1960). In his arguments about the standard commodity, Sraffa assumed that a change in income distribution has … standard commodity is defined. Moreover, it is shown that the generalised standard commodity can serve as an invariable measure …

Persistent link: https://www.econbiz.de/10010457040

On the Ricardian Invariable Measure of Value: A General Possibility of the Standard Commodity

Kurose, Kazuhiro; Yoshihara, Naoki - Institute of Economic Research, Hitotsubashi University - 2014

to Sraffa (1960). In his arguments about the standard commodity, Sraffa assumed that a change in income distribution has … feature. Moreover, it is shown that the generalised standard commodity can serve as an invariable measure of value in those … of value and the linearity of income distribution. Given this debate, this paper defines a generalisation of the standard …

Persistent link: https://www.econbiz.de/10010773103

On the Ricardian Invariable Measure of Value: The General Possibility of the Standard Commodity

Kurose, Kazuhiro; Yoshihara, Naoki - Department of Economics, University of Massachusetts-Amherst - 2014

Persistent link: https://www.econbiz.de/10010961414