Some remarks on the classical theory of rent
AbstractAccording to Ricardo, land rent, in a capitalistic system of production, would consist of differential elements only, thus there would not be absolute rent. The present arti-cle is aimed at discussing this thesis by reconstructing the theoretical reasons leading Ricardo toward it and by showing how they have been overcome by the more solid foundations which Sraffa provided for the classical theory of distribution between wages and profits. Moreover, historical and theoretical reasons supporting the pres-ence of absolute rent, beside differential rent elements, are put on evidence.
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Bibliographic InfoArticle provided by Associazione Rossi Doria in its journal QA.
Volume (Year): (2008)
Issue (Month): 1 (March)
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More information through EDIRC
Land Rent; Differential Rent; Absolute Rent; Classical Theory of Distribution; Ricardo; Sraffa;
Find related papers by JEL classification:
- B12 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Classical (includes Adam Smith)
- B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
- D39 - Microeconomics - - Distribution - - - Other
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Malthus, Thomas Robert, 1798. "An Essay on the Principle of Population," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number malthus1798.
- West, Edward, 1815. "Essay on the Application of Capital to Land," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number west1815.
- Kurz, Heinz D, 1978. "Rent Theory in a Multisectoral Model," Oxford Economic Papers, Oxford University Press, vol. 30(1), pages 16-37, March.
- Saverio M. Fratini, 2009. "La rendita assoluta di Marx e le equazioni di prezzo di Sraffa," Departmental Working Papers of Economics - University 'Roma Tre' 0105, Department of Economics - University Roma Tre.
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