1st Edition

Ricardo and the Theory of Value Distribution and Growth

    252 Pages
    by Routledge

    252 Pages
    by Routledge

    The book presents a rigorous reconstruction of Ricardo's contribution to economic theory and a unifying interpretation of the key issues of Ricardo's research. Part One deals primarily with the problems of value and distribution Part Two deals specifically with the issues of distribution and growth.

    * Contemporary economic literature in the fields of value, distribution and growth is witnessing a renewed interest in the approach of the classical school, notably in the work of David Ricardo.

    Part 1 Value and Distribution; Chapter 1 Scope and Method of the Work; Chapter 2 Diminishing Returns and the Rate of Profit in Ricardo’s Analysis; Chapter 3 Sraffa’s Standard Commodity and Ricardo’s Theory of Value and Distribution; Part 2 Growth and Distribution; Chapter 4 Pasinetti’s Formulation of the Ricardian System; Chapter 5 A One-Sector Ricardian Model; Chapter 6 A Two-Sector Ricardian Model; Chapter 7 A Generalization of the Ricardian Two-Sector Model;

    Biography

    Giovanni A Caravale, Domenico A Tosato