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Some remarks on the classical theory of rent

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Author Info
Saverio Fratini

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Abstract

According 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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File URL: http://www.francoangeli.it/riviste/Scheda_Riviste.asp?IDArticolo=33293&Tipo=ArticoloPDF
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Publisher Info
Article provided by Associazione Rossi Doria in its journal QA.

Volume (Year): (2008)
Issue (Month): 1 (March)
Pages:
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Handle: RePEc:rar:journl:0073

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Related research
Keywords: 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

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This page was last updated on 2009-11-18.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.