Theory of Production - A Long-Period Analysis

List of contents

1. Free competition and long-period positions; 2. A one-commodity model; 3. Two-commodity models; 4. Models with any number of commodities; 5. Choice of technique; 6. Alternative descriptions of a 'technique'; 7. Fixed capital models; 8. Joint production; 9. Models with jointly utilized machines; 10. Land; 11. Persistent wage and profit rate differentials; 12. On limits to the long-period method; 13. Production as a circular flow and the concept of surplus; 14. The neoclassical theory of distribution and the problem of 'capital'; 15. On some alternative theories of distribution; Mathematical appendix.

Summary

This book contains a comprehensive treatment of the theory of production in a long-period framework, dealing with issues of prices and income distribution, economic growth, joint production, fixed capital, scarce natural resources, and heterogeneous labour. The issues are treated analytically, and the book's introduction provides a history of the subject.

Product details

• Authors: Kurz, Heinz D. Kurz, Kurz Heinz D., Neri Salvadori, Salvadori Neri
• Publisher: Cambridge Academic
• Languages: English
• Product format: Paperback / Softback
• Released: 28.02.1997
• EAN: 9780521588676
• ISBN: 978-0-521-58867-6
• Dimensions: 152 mm x 229 mm x 33 mm
• Weight: 790 g
• Illustrations: 37 b/w illus. 55 tables, Zeichnungen, nicht spezifiziert, Tabellen, nicht spezifiziert
• Subjects: Social sciences, law, business > Business > Economics; BUSINESS & ECONOMICS / Industrial Management, Economic theory & philosophy, Economic theory and philosophy, Industry and industrial studies