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Necessary and sufficient conditions for constant prices in a Sraffa's model
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Necessary and sufficient conditions for constant prices in a Sraffa's model
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Journal Article
Necessary and sufficient conditions for constant prices in a Sraffa's model
2022
Overview
We give a simple and direct proof of necessary and sufficient conditions to have constant equilibrium prices in a simple Sraffa's production model. We make some remarks on the linearity of the relation between profit rate and wage rate.
Publisher
Instytut Badan Systemowych Polskiej Akademii Nauk,De Gruyter Brill Sp. z o.o., Paradigm Publishing Services
Subject
