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A comment to Fratini's “Rent as a share of product and Sraffa’s price equations”


  • Yoann Verger

    () (INRA - Institut National de la Recherche Agronomique)


This comment from Fratini's article "Rent as a share of product and Sraffa's price equations" corrects Fratini's demonstration that rent as a share of the product and rate of profits could both increase at the same time. By doing so, this comment underlines the specificity of Sraffa's theory of value, and especially the need to only analyze systems of production where exchanges are needed to reproduce the system.

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  • Yoann Verger, 2016. "A comment to Fratini's “Rent as a share of product and Sraffa’s price equations”," Working Papers hal-01415471, HAL.
  • Handle: RePEc:hal:wpaper:hal-01415471
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    References listed on IDEAS

    1. Saverio M. Fratini, 2016. "Rent as a share of product and Sraffa’s price equations," Cambridge Journal of Economics, Oxford University Press, vol. 40(2), pages 599-613.
    2. Michel‐Stéphane Dupertuis & Ajit Sinha, 2009. "Existence Of The Standard System In The Multiple‐Production Case: A Solution To The Manara Problem," Metroeconomica, Wiley Blackwell, vol. 60(3), pages 432-454, July.
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    Sraffa; rent; rate of profits; self-reproducing process; theory of value;
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