The production of commodities : an introduction to Sraffa

書誌事項

The production of commodities : an introduction to Sraffa

J.E. Woods

(Radical economics)

Macmillan Education, 1990

  • : hard
  • : pbk

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注記

Includes bibliographical references (p. 335-341) and indexes

内容説明・目次

巻冊次

: hard ISBN 9780333436288

内容説明

This is a chapter by chapter explanation of the work which served as a basis for a critique of the marginal theory of value and distribution - "Production of Commodities by means of Commodities" by the economist, Sraffa.

目次

  • Introduction - an historical perspective
  • some preliminaries. Part 2 A subsistence economy: the quantity system
  • the price system. Part 3 Production with a surplus - subsistence wage: the quantity system
  • the price system
  • changes in the wage rate
  • basic commodities. Part 4 Production with a surplus - wage above subsistence: the price system
  • relative price variation
  • real wage variation
  • a subsistence component to the wage. Part 5 Price variations and the standard commodity: a one-sector model
  • construction of the standard commodity
  • properties of the standard system and the standard commodity
  • is the standard commodity an invariable measure of value? Part 6 Choice of technique: switching of techniques
  • choice of technique and micro-economics. Part 7 The quantity equations and duality: the quantity equations
  • the consumption-growth curve and duality
  • the aggregate production function
  • the aggregate production function and the three phenomena. Part 8 Introduction to multiple-product industries models: fixed capital and land. Part 9 Fixed capital: a priori specified mortality coefficients
  • a proper fixed capital model
  • solution of the price system
  • negative old machine prices
  • choice of technique in a fixed capital model. Part 10 Land: extensive rent - the alternative techniques
  • choice of technique in extensive rent models
  • intensive rent - description of the technology
  • intensive rent - choice of technique. Part 11 Joint production: the quantity system
  • final demand
  • prices of production
  • positive prices
  • basic commodities
  • choice of technique - Okishio's theorem
  • specification of the technology.
巻冊次

: pbk ISBN 9780333436295

内容説明

The purpose of this book is to provide an elementary account of Sraffa's Production of Commodities by means of Commodities. Operating with a two-sector model in order to minimise the mathematical demands on the reader, the author is nonetheless able to analyse all the essential questions arising from Sraffa's book-prices of production, choice of technique, fixed capital, land and joint production - as well as discuss micro- and macro-economic implications of this theory.

目次

Introduction - A Subsistence Economy - Production with a Surplus: Subsistence Wage - Production with a Surplus: Wage above Subsistence - Price Variations and the Standard Commodity - Choice of Technique - The Quantity Equations and Duality - Introduction to Multiple-product Industries Models - Fixed Capital - Land - Joint Production - Review and Conclusions - Index

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