On Ricardo's model of capital accumulation
Ricardo's model of capital accumulation is studied on the basis of his distinction between natural and accidental causes that are associated with permanent and temporary effects. The consequence is that, from the two contemporary interpretations of this model: theses of Hollander and Peach, only the second one deals with natural causes and permanent effects while the first is interested in market variables and long term effects. Ricardo's interest in natural causes and permanent effects lead then to favour Peach interpretation. Nevertheless, Peach interpretation is problematic insofar as the kind of analysis he credits Ricardo is not in accordance with what he considers as Ricardo's aim. This contradiction lead to another interpretation of Ricardo's model of capital accumulation as a description of the accumulation process that aims to show how each stage is the consequence of the answers given by the economic agents to the market signals.
Volume (Year): (2008)
Issue (Month): 55 (January - June)
|Contact details of provider:|| Web page: http://www.cahiersdecopo.fr/fr/|
|Order Information:|| Postal: 142 rue du faubourg Saint-Martin. 75010 Paris, France.|
When requesting a correction, please mention this item's handle: RePEc:cpo:journl:y:2008:i:55:p:141-154. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Carlos Andrés Vasco Correa)
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.