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Reswitching and capital models

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  • Thijs ten Raa

    (Utrecht University)

Abstract

Reswitching of techniques was shown to be possible in Leontief’s input–output model with flow and stock matrices. The finding is unearthed and related to the capital debate based on Sraffian models.

Suggested Citation

  • Thijs ten Raa, 2022. "Reswitching and capital models," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 11(1), pages 1-5, December.
    • Handle: RePEc:spr:jecstr:v:11:y:2022:i:1:d:10.1186_s40008-022-00266-8
    DOI: 10.1186/s40008-022-00266-8
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    References listed on IDEAS

    as
    1. Avi J. Cohen, 2003. "Retrospectives: Whatever Happened to the Cambridge Capital Theory Controversies?," Journal of Economic Perspectives, American Economic Association, vol. 17(1), pages 199-214, Winter.
    2. Thijs ten Raa, 2009. "Dynamic Input–Output Analysis with Distributed Activities," World Scientific Book Chapters, in: Input–Output Economics: Theory And Applications Featuring Asian Economies, chapter 13, pages 197-224, World Scientific Publishing Co. Pte. Ltd..
    3. Thijs ten Raa & Debesh Chakraborty & Tuhin Das, 2009. "Working Capital in an Input–Output Model," World Scientific Book Chapters, in: Input–Output Economics: Theory And Applications Featuring Asian Economies, chapter 15, pages 263-281, World Scientific Publishing Co. Pte. Ltd..
    4. Zonghie Han & Bertram Schefold, 2006. "An empirical investigation of paradoxes: reswitching and reverse capital deepening in capital theory," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 30(5), pages 737-765, September.
    5. Stefano Zambelli, 2018. "The aggregate production function is NOT neoclassical [Econometric tools for analyzing market outcomes]," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 42(2), pages 383-426.
    6. Paul A. Samuelson, 1966. "A Summing Up," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 80(4), pages 568-583.
    7. Thijs ten Raa, 2019. "The use–make framework and the derivation of functional forms in production theory," Economic Systems Research, Taylor & Francis Journals, vol. 31(1), pages 132-141, January.
    Full references (including those not matched with items on IDEAS)

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