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Una visión crítica del problema de indeterminación de la distribución del ingreso en el sistema económico de Piero Sraffa

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  • Alejandro Rodríguez Arana

    (Department of Economics, Universidad Iberoamericana, Mexico City. Mexico)

Abstract

The model by Piero Sraffa (Sraffa (1960)) proposes and indeterminacy in the distribution of income, which has important implications since its arbitrary determination modifies relative prices among goods. This paper shows that when we include equations of production and the Ramsey´s 1928 model of demand for goods, the indeterminacy of the Sraffian system disappears provided there is full employment of labor. Relative prices of goods in terms of wages are determined as a variant of the labor theory of value, nonetheless.

Suggested Citation

  • Alejandro Rodríguez Arana, 2015. "Una visión crítica del problema de indeterminación de la distribución del ingreso en el sistema económico de Piero Sraffa," Working Papers 0315, Universidad Iberoamericana, Department of Economics.
    • Handle: RePEc:uic:wpaper:0315
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