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The Nature and Implications of the Reswitching of Techniques


  • Michael Bruno
  • Edwin Burmeister
  • Eytan Sheshinski


I. Introduction, 526. — II. Alternative discrete capital models, 528. — III. Reswitching in two-good technologies, 531. — IV. Reswitching in a general capital model, 538. — V. Some additional implications for economic theory, 546.

Suggested Citation

  • Michael Bruno & Edwin Burmeister & Eytan Sheshinski, 1966. "The Nature and Implications of the Reswitching of Techniques," The Quarterly Journal of Economics, Oxford University Press, vol. 80(4), pages 526-553.
  • Handle: RePEc:oup:qjecon:v:80:y:1966:i:4:p:526-553.

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    Cited by:

    1. Stefano Zambelli, 2014. "Aggregate Production Functions and Neoclassical Properties: An Empirical Verification," ASSRU Discussion Papers 1405, ASSRU - Algorithmic Social Science Research Unit.
    2. Saverio M. Fratini, 2010. "Reswitching And Decreasing Demand For Capital," Metroeconomica, Wiley Blackwell, vol. 61(4), pages 676-682, November.
    3. James E. Foster & Tapan Mitra, 2003. "Ranking investment projects," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 22(3), pages 469-494, October.
    4. Zambelli, Stefano & Fredholm, Thomas & Venkatachalam, Ragupathy, 2017. "Robust measurement of national technological progress," Structural Change and Economic Dynamics, Elsevier, vol. 42(C), pages 38-55.
    5. J. S. Metcalfe & Ian Steedman, 1974. "A Note on the Gain from Trade," The Economic Record, The Economic Society of Australia, vol. 50(4), pages 581-595, December.
    6. Saverio M. Fratini, 2019. "On The Second Stage Of The Cambridge Capital Controversy," Journal of Economic Surveys, Wiley Blackwell, vol. 33(4), pages 1073-1093, September.
    7. Michael Osborne & Ian Davidson, 2016. "The Cambridge capital controversies: contributions from the complex plane," Review of Political Economy, Taylor & Francis Journals, vol. 28(2), pages 251-269, April.
    8. Bidard, Christian & Salvadori, Neri, 1995. "Duality between prices and techniques," European Journal of Political Economy, Elsevier, vol. 11(2), pages 379-389, June.
    9. Kazuhiro Kurose & Naoki Yoshihara, 2016. "The Heckscher-Ohlin-Samuelson Model and the Cambridge Capital Controversies," DSSR Discussion Papers 58, Graduate School of Economics and Management, Tohoku University.
    10. Kazuhiro Kurose & Naoki Yoshihara, 2018. "The Heckscher—Ohlin—Samuelson Trade Theory and the Cambridge Capital Controversies: On the Validity of Factor Price Equalisation Theorem," Working Papers SDES-2018-17, Kochi University of Technology, School of Economics and Management, revised Nov 2018.
    11. Cameron Harwick, 2022. "Unmixing the metaphors of Austrian capital theory," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 35(2), pages 163-176, June.
    12. Ulrich van Suntum, "undated". "Dynamic Efficiency and Reswitching," Working Papers 200122, Institute of Spatial and Housing Economics, Munster Universitary.
    13. Carlo Milana, 2019. "Refuting Samuelson's Capitulation on the Re-switching of Techniques in the Cambridge Capital Controversy," Papers 1912.01250,, revised Dec 2019.
    14. Carlo Milana, 2019. "Solving the Reswitching Paradox in the Sraffian Theory of Capital," Applied Economics and Finance, Redfame publishing, vol. 6(6), pages 97-125, November.
    15. Dilip Madan & Eugene Seneta, 1990. "On the monotonicity of the labour-capital ratio in Sraffa's model," Journal of Economics, Springer, vol. 51(1), pages 101-107, February.
    16. Mariolis, Theodore, 2010. "A neo-Ricardian critique of the traditional static theory of trade, customs unions and common markets," MPRA Paper 23088, University Library of Munich, Germany.
    17. Kurose, Kazuhiro & Yoshihara, Naoki, 2018. "The Heckscher—Ohlin—Samuelson Trade Theory and the Cambridge Capital Controversies: On the Validity of Factor Price Equalisation Theorem," Discussion Paper Series 686, Institute of Economic Research, Hitotsubashi University.

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