Theory of production: a long-period analysis

This compelling book contains a comprehensive analytical treatment of the theory of production in a long-period framework. Although the authors take a 'Classical' approach to their subject, the scope of investigation and methods employed should interest all economic theorists. Professors K...

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Bibliographic Details
Main Authors: Kurz, Heinz D. 1946- (Author), Salvadori, Neri 1951- (Author)
Format: Electronic eBook
Language:English
Published: Cambridge Cambridge University Press 1995
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Online Access:BSB01
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Summary:This compelling book contains a comprehensive analytical treatment of the theory of production in a long-period framework. Although the authors take a 'Classical' approach to their subject, the scope of investigation and methods employed should interest all economic theorists. Professors Kurz and Salvadori explore economic systems that are characterised by a particular kind of primary input in the production process, such as different kinds of labour and natural resources. These systems and the corresponding prices can be understood to reflect characteristic features of a capitalist market economy in an ideal way: they express the pure logic of the relationship between value and distribution in an economic system. Specific chapters deal with prices and income distribution, economic growth, joint production, fixed capital, scarce natural resources (both renewable and exhaustible), and heterogeneous labour. The historical origins of the concepts used are also discussed in considerable detail
Item Description:Title from publisher's bibliographic system (viewed on 05 Oct 2015)
Physical Description:1 Online-Ressource (xx, 571 pages) Diagramme
ISBN:9780511625770
DOI:10.1017/CBO9780511625770

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