The Frail Grounds of the Ricardian Dynamics
AbstractThe Ricardian dynamics study the evolution of distribution when demand increases. The successive marginal methods in agriculture are determined by means of a rule which has never been stated explicitly by Ricardo's commentators. But the rule also allows us to point at two limits of Ricardo's construction, first in his attempt to get rid of rent in the analysis of distribution, second in the working of the dynamics themselves. Similarly, the identification of a productivity and a profitability criterion is at the basis of Sraffa's mistake in his reconstruction of the theory of rent, whereas post-Sraffian formalizations have abandoned Ricardo's dynamic approach.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University of Paris West - Nanterre la Défense, EconomiX in its series EconomiX Working Papers with number 2012-43.
Length: 15 pages
Date of creation: 2012
Date of revision:
Rent; Ricardian dynamics; 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)
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
- D30 - Microeconomics - - Distribution - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-12-10 (All new papers)
- NEP-HME-2012-12-10 (Heterodox Microeconomics)
- NEP-HPE-2012-12-10 (History & Philosophy of Economics)
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.:
- Christian Bidard, 2010.
"The dynamics of intensive cultivation,"
Cambridge Journal of Economics,
Oxford University Press, vol. 34(6), pages 1097-1104.
- C. E. Lemke, 1965. "Bimatrix Equilibrium Points and Mathematical Programming," Management Science, INFORMS, vol. 11(7), pages 681-689, May.
- Salvadori, Neri, 1986. "Land and Choice of Techniques within the Sraffa Framework," Australian Economic Papers, Wiley Blackwell, vol. 25(46), pages 94-105, June.
- Ricardo, David, 1821. "On the Principles of Political Economy and Taxation," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, edition 3, number ricardo1821.
- Christian Bidard, 2012. "The Ricardo-Lemke parametric algorithm on oddity and uniqueness," EconomiX Working Papers 2012-41, University of Paris West - Nanterre la Défense, EconomiX.
- Christian Bidard, 2012. "Ricardo And Lemke," EconomiX Working Papers 2012-48, University of Paris West - Nanterre la Défense, EconomiX.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Valérie Mignon).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.