Since 2014
A MATHEMATICAL STUDY OF THE SRAFFIAN MODEL
Revista de Ciencias Económicas
View Archive Info| Field | Value | |
| Title |
A MATHEMATICAL STUDY OF THE SRAFFIAN MODEL
A MATHEMATICAL STUDY OF THE SRAFFIAN MODEL |
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| Creator |
Hall, Luis J.
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| Subject |
SRAFFA
ECONOMIES OFF PRODUCTION CLASSIC ECONOMICS THEORY OFF DISTRIBUTION PRICES SRAFFA ECONOMIES OFF PRODUCTION CLASSIC ECONOMICS THEORY OFF DISTRIBUTION PRICES |
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| Description |
This paper has two primary objects. On the one hand, it presents a rigorous derivation of the Sraffa model recurring to some theorems discovered by Frobenius and Perron at the beginning of the twentieth century. This presentation is used to study the concept of productive economies or surplus economies, the solution to the price system and also to provide a clear derivation of the concept of the Standard Commodity. The second goal of the paper is to sketch von Neumann's balanced growth model and show how Sraffa's model is related to Neumann`s model. Showing the role of the assumptions, one can establish the relationship between both models, particularly the role of irreducibility to obtain uniqueness and unify the study of both models.
This paper has two primary objects. On the one hand, it presents a rigorous derivation of the Sraffa model recurring to some theorems discovered by Frobenius and Perron at the beginning of the twentieth century. This presentation is used to study the concept of productive economies or surplus economies, the solution to the price system and also to provide a clear derivation of the concept of the Standard Commodity.The second goal of the paper is to sketch von Neumann's balanced growth model and show how Sraffa's model is related to Neumann`s model. Showing the role of the assumptions, one can establish the relationship between both models, particularly the role of irreducibility to obtain uniqueness and unify the study of both models. |
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| Publisher |
Universidad de Costa Rica
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| Date |
2013-03-04
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion |
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| Format |
application/pdf
application/pdf |
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| Identifier |
http://revistas.ucr.ac.cr/index.php/economicas/article/view/8007
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| Source |
Revista de Ciencias Económicas; Ciencias Económicas: Volumen 30, Número 2
Revista de Ciencias Económicas; Ciencias Económicas: Volumen 30, Número 2 2215-3489 0252-9521 |
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| Language |
eng
spa |
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| Relation |
Revista de Ciencias Económicas;
http://revistas.ucr.ac.cr/index.php/economicas/article/view/8007/7629 |
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| Rights |
Copyright (c) 2014 Ciencias Económicas
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