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Marché classique et loi de Say

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  • Françoise Duboeuf

Abstract

[eng] This paper aims at clarifying the relations between the caracteristics of the laws of value and the possibility of representing the market adjustment processes. . It starts with a simplified model of a smithian economy which produces three commodities. We first look for the necessary conditions for equilibrium. We examine what happens when the agents' choices generate a variation of one of the parameters of the model. We show then that the market mechanisms cannot easily assure the return to an equilibrium position. Particularly, the caracteristics inherent to the smithian theory of value and revenues generate perturbations. [fre] Cet article vise à examiner les relations entre les caractéristiques des lois de la valeur et de la répartition et la possibilité de penser l'équilibre et les processus d'ajustement marchands. . Il s'appuie sur un modèle simple d'une économie smithienne qui produit trois biens. On cherche d'abord les conditions nécessaires à une croissance équilibrée. On examine ensuite ce qui se passe lorsque les comportements des agents font varier l'un des paramètres. On montre alors que le retour à une situation d'équilibre par les seuls mécanismes marchands n'est pas certain. Ce sont en particulier les caractéristiques propres à la théorie de la valeur de Smith qui induisent des effets perturbateurs.

Suggested Citation

  • Françoise Duboeuf, 1992. "Marché classique et loi de Say," Cahiers d'Économie Politique, Programme National Persée, vol. 20(1), pages 113-135.
  • Handle: RePEc:prs:caecpo:cep_0154-8344_1992_num_20_1_1127
    DOI: 10.3406/cep.1992.1127
    Note: DOI:10.3406/cep.1992.1127
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