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Beneficio positivo, teorema de Euler y el problema de la distribución en la economía neoclásica
[Positive benefit, Euler's theorem and the problem of distribution in neoclassical economics]

Author

Listed:
  • Galvis Ciro, Juan Camilo

Abstract

This document tries to show the requirements for the process of profit maximization in the microeconomic analysis and show their relation to those with Euler's theorem. The aim is to recognize the importance of decreasing returns to scale and give a possible explanation for the positive profits they entail. The result is that the distribution problem has not been resolved in the neoclassical theory because the positive profits involves value judgments about the product distribution

Suggested Citation

  • Galvis Ciro, Juan Camilo, 2012. "Beneficio positivo, teorema de Euler y el problema de la distribución en la economía neoclásica [Positive benefit, Euler's theorem and the problem of distribution in neoclassical economics]," MPRA Paper 37902, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:37902
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    File URL: https://mpra.ub.uni-muenchen.de/37902/1/MPRA_paper_37902.pdf
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    More about this item

    Keywords

    positive profit; decreasing returns; product distribution;
    All these keywords.

    JEL classification:

    • B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics
    • D33 - Microeconomics - - Distribution - - - Factor Income Distribution
    • B00 - Schools of Economic Thought and Methodology - - General - - - History of Economic Thought, Methodology, and Heterodox Approaches

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