Coverart for item
The Resource Normal prices, technical change, and accumulation, Bertram Schefold, (electronic book)

Normal prices, technical change, and accumulation, Bertram Schefold, (electronic book)

Label
Normal prices, technical change, and accumulation
Title
Normal prices, technical change, and accumulation
Statement of responsibility
Bertram Schefold
Creator
Subject
Language
eng
Member of
Cataloging source
UK-WkNB
http://library.link/vocab/creatorDate
1943-
http://library.link/vocab/creatorName
Schefold, Bertram
Dewey number
338.52
Index
no index present
Intended audience
Undergraduate
Literary form
non fiction
http://library.link/vocab/subjectName
  • Production (Economic theory)
  • Prices
  • Technological innovations
  • Saving and investment
  • Equilibrium (Economics)
  • Economics, Mathematical
Summary expansion
There has been a marked revival of classical economic theory since the 1960s. This was associated partly with Sraffa's contribution, partly also with the development of post-Keynesian economics. It has given rise to a series of ongoing controversies. This collection of essays, some previously published, some new, starts with a survey of the present state of the debate. Several papers are concerned with the new classical solution to the problem of value and choice of technique in the presence of joint production. Fixed capital allows formalization of different kinds of technical progress which differ also in their macroeconomic effects. A novel contribution is made to capital theory: it is shown how intertemporal equilibria are affected by technologies which exhibit reswitching through changed stability conditions. Further essays deal with the composition of output and effective demand and the relation between Keynesian and classical theories and environmental economics
Target audience
specialized
Label
Normal prices, technical change, and accumulation, Bertram Schefold, (electronic book)
Instantiates
Publication
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Preface - Introduction: Sraff's Theory Today - PART 1: GENERAL PROPERTIES OF SINGLE AND JOINT PRODUCTION SYSTEMS - Multiple Product Techniques With Properties of Single Product Systems - Relative Prices as a Function of the Rate of Profit: A Mathematical Note - The Standard Commodity as a Tool of Economic Analysis - PART 2: THE DOMINANT TECHNIQUE - On Counting Equations - Von Neumann and Sraffa: Mathematical Equivalence and Conceptual Difference - The Dominant Technique in Joint Production Systems - Joint Production: A Further Assessment - PART 3: FIXED CAPITAL AND TECHNICAL PROGRESS - Fixed Capital as a Joint Product - Reduction to Dated Quantities of Labour, Roundabout Processes, and Switches of Technique in Fixed Capital Systems - Different Forms of Technical Progress - Capital, Growth, and Definitions of Technical Progress - PART 4: THE COMPOSITION OF OUTPUT - Sraffa and Applied Economics: Joint Production - On Changes in the Composition of Output - PART 5: RELATIONS BETWEEN CLASSICAL, NEOCLASSICAL AND KEYNESIAN THEORIES - Joint Production, Intertemporal Preferences and Long-Period Equilibrium - The Market and the Classical Theory of Prices - On the Classical and Marshallian Foundation of Keynesian and Post-Keynesian Economics - Classical Theory and Intertemporal Equilibrium - Schumpeter as a Walrasian Austrian and Keynes as a Classical Marshallian - Ecological Problems as a Challenge to Classical and Keynesian Economics - Notes - Bibliography - Index
Control code
9780230372405
Extent
600 p.
Form of item
electronic
Governing access note
Users can print and/or download individual articles/chapters and other individual items from Palgrave Connect ebooks, limited to no more than one chapter per title per authorised user
Isbn
9780333621295
Isbn Type
1997.
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Specific material designation
unspecified
Type of computer file
PDF.
Label
Normal prices, technical change, and accumulation, Bertram Schefold, (electronic book)
Publication
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Contents
Preface - Introduction: Sraff's Theory Today - PART 1: GENERAL PROPERTIES OF SINGLE AND JOINT PRODUCTION SYSTEMS - Multiple Product Techniques With Properties of Single Product Systems - Relative Prices as a Function of the Rate of Profit: A Mathematical Note - The Standard Commodity as a Tool of Economic Analysis - PART 2: THE DOMINANT TECHNIQUE - On Counting Equations - Von Neumann and Sraffa: Mathematical Equivalence and Conceptual Difference - The Dominant Technique in Joint Production Systems - Joint Production: A Further Assessment - PART 3: FIXED CAPITAL AND TECHNICAL PROGRESS - Fixed Capital as a Joint Product - Reduction to Dated Quantities of Labour, Roundabout Processes, and Switches of Technique in Fixed Capital Systems - Different Forms of Technical Progress - Capital, Growth, and Definitions of Technical Progress - PART 4: THE COMPOSITION OF OUTPUT - Sraffa and Applied Economics: Joint Production - On Changes in the Composition of Output - PART 5: RELATIONS BETWEEN CLASSICAL, NEOCLASSICAL AND KEYNESIAN THEORIES - Joint Production, Intertemporal Preferences and Long-Period Equilibrium - The Market and the Classical Theory of Prices - On the Classical and Marshallian Foundation of Keynesian and Post-Keynesian Economics - Classical Theory and Intertemporal Equilibrium - Schumpeter as a Walrasian Austrian and Keynes as a Classical Marshallian - Ecological Problems as a Challenge to Classical and Keynesian Economics - Notes - Bibliography - Index
Control code
9780230372405
Extent
600 p.
Form of item
electronic
Governing access note
Users can print and/or download individual articles/chapters and other individual items from Palgrave Connect ebooks, limited to no more than one chapter per title per authorised user
Isbn
9780333621295
Isbn Type
1997.
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Specific material designation
unspecified
Type of computer file
PDF.

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