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Sraffa and Leontief on Joint Production

Author

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  • Christian Bidard
  • Guido Erreygers

Abstract

This paper shows that results obtained in the Sraffian literature on joint production are relevant for input—output economists working in the tradition of Leontief. We concentrate upon the 'adjustment' property, i.e. the ability of a system to cope with any variation in final demand. We identify a number of systems which possess the adjustment property, with special attention to economies using fixed capital goods.

Suggested Citation

  • Christian Bidard & Guido Erreygers, 1998. "Sraffa and Leontief on Joint Production," Review of Political Economy, Taylor & Francis Journals, vol. 10(4), pages 427-446.
  • Handle: RePEc:taf:revpoe:v:10:y:1998:i:4:p:427-446
    DOI: 10.1080/09538259800000062
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    Cited by:

    1. T Mariolis & G Soklis, 2010. "Additive Labour Values and Prices: Evidence from the Supply and Use Tables of the French, German and Greek Economies," Economic Issues Journal Articles, Economic Issues, vol. 15(2), pages 87-107, September.
    2. Soklis, George, 2009. "The Conversion of the Supply and Use Tables to Symmetric Input-Output Tables: A Critical Review," MPRA Paper 46873, University Library of Munich, Germany.
    3. Soklis, George, 2011. "Wage-profit curves of the Finnish economy: evidence from the supply and use tables," MPRA Paper 30183, University Library of Munich, Germany.
    4. Kemp-Benedict, Eric, 2014. "The inverted pyramid: A neo-Ricardian view on the economy–environment relationship," Ecological Economics, Elsevier, vol. 107(C), pages 230-241.
    5. Mariolis, Theodore & Soklis, George & Groza, Heleni, 2010. "An Input-Output Approach to the Estimation of the Maximum Attainable Economic Dependency Ratio in four European Economies," MPRA Paper 22661, University Library of Munich, Germany.
    6. Mejía Cubillos, Javier, 2013. "Perfil económico del Eje Cafetero. Un análisis con miras a la competitividad territorial
      [Economic profile of Eje Cafetero. An analysis towards territorial competitiveness]
      ," MPRA Paper 43873, University Library of Munich, Germany.

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