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The Neoclassical Theory Of Production Distribution
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Book Synopsis The Neoclassical Theory of Production and Distribution by : C. E. Ferguson
Download or read book The Neoclassical Theory of Production and Distribution written by C. E. Ferguson and published by Cambridge University Press. This book was released on 1969-11-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The object of this book is to present a complete, systematic and thorough exposition of the neoclassical theory of production and distribution. Despite this basic objective, each chapter presents extensions of neoclassical theory and interpretations of established relations. The book has two distinct parts. In Part I the microeconomic theories of production, cost and derived input demand are explored in depth for both fixed-proportions and variable-proportions production functions. Special emphasis is placed upon the characteristics and implications of production functions homogeneous of degree one. Part II is devoted chiefly to the neoclassical theory of aggregate relative factor shares, the elasticity of substitution, and technological progress.
Book Synopsis The Neoclassical Theory of Production and Distribution by : C. E. Ferguson
Download or read book The Neoclassical Theory of Production and Distribution written by C. E. Ferguson and published by Cambridge University Press. This book was released on 2008-08-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The object of this book is to present a complete, systematic and thorough exposition of the neoclassical theory of production and distribution. Despite this basic objective, each chapter presents extensions of neoclassical theory and interpretations of established relations. The book has two distinct parts. In Part I the microeconomic theories of production, cost and derived input demand are explored in depth for both fixed-proportions and variable-proportions production functions. Special emphasis is placed upon the characteristics and implications of production functions homogeneous of degree one. Part II is devoted chiefly to the neoclassical theory of aggregate relative factor shares, the elasticity of substitution, and technological progress.
Book Synopsis ˜Theœ neoclassical theory of production and distribution by : Charles E. Ferguson
Download or read book ˜Theœ neoclassical theory of production and distribution written by Charles E. Ferguson and published by . This book was released on 1971 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Neoclassical Theory of Production & Distribution by : Charles E. Ferguson
Download or read book The Neoclassical Theory of Production & Distribution written by Charles E. Ferguson and published by . This book was released on 1975 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Production and Distribution Theories by : George Joseph Stigler
Download or read book Production and Distribution Theories written by George Joseph Stigler and published by Transaction Publishers. This book was released on 1994-01-01 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: Production and Distribution Theories became a landmark in the study of economics when it was published in 1941. Nobel Laureate Stigler's book was the first to trace the development of theories alongside the history of economic thought. Stigler's pioneering effort remains a classic work on the evolution of distribution theory during a critical juncture in the development of modern industrial capitalism. Stigler examines the writings of major economists during the century, including William Stanley Jevons, Phillip Wicksteed, Alfred Marshall, F.Y. Edgeworth, and Leon Walras. He uses their works in order to show a variety of perspectives on distribution theory. Among the methods of thought he explores are neoclassical price theory and marginal productivity theory. In the new introduction, Douglas Irwin illustrates how this book came into being and notes its continuing significance to the study of economics. Joseph Schumpeter commented in his History of Economic Analysis that "this excellent work by a competent theorist is perhaps the best survey in existence of the theoretical work of that period's leaders and is strongly recommended." This judgment still stands. The book will be of great interest to those interested not only in neoclassical economics, but also in the sources of Stigler's economic thought.
Book Synopsis Theory of Production by : Heinz D. Kurz
Download or read book Theory of Production written by Heinz D. Kurz and published by Cambridge University Press. This book was released on 1997-02-28 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt: This compelling book contains a comprehensive analytical treatment of the theory of production in a long-period framework. Although the authors take a 'Classical' approach to their subject, the scope of investigation and methods employed should interest all economic theorists. Professors Kurz and Salvadori explore economic systems that are characterised by a particular kind of primary input in the production process, such as different kinds of labour and natural resources. These systems and the corresponding prices can be understood to reflect characteristic features of a capitalist market economy in an ideal way: they express the pure logic of the relationship between value and distribution in an economic system. Specific chapters deal with prices and income distribution, economic growth, joint production, fixed capital, scarce natural resources (both renewable and exhaustible), and heterogeneous labour. The historical origins of the concepts used are also discussed in considerable detail.
Book Synopsis The Neoclassical Theory of Production and Distribution by :
Download or read book The Neoclassical Theory of Production and Distribution written by and published by . This book was released on 1969 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis THE NEOCLASSICAL THEORY OF PRODUCTION AND DISTRIBUTION: WITH 68 DIAGRS by : Charles E. Ferguson
Download or read book THE NEOCLASSICAL THEORY OF PRODUCTION AND DISTRIBUTION: WITH 68 DIAGRS written by Charles E. Ferguson and published by . This book was released on 1975 with total page 383 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Essays on the Neoclassical Theory of Production and Distribution in a Multifactor Multisector Economy and the Theory of Aggregation by : David Bigman
Download or read book Essays on the Neoclassical Theory of Production and Distribution in a Multifactor Multisector Economy and the Theory of Aggregation written by David Bigman and published by . This book was released on 1978 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Neoclassical Theory of Production and Distribution [by] C.E. Ferguson by : Charles E. Ferguson
Download or read book The Neoclassical Theory of Production and Distribution [by] C.E. Ferguson written by Charles E. Ferguson and published by . This book was released on 1969 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Capital Theory and Political Economy by : Lefteris Tsoulfidis
Download or read book Capital Theory and Political Economy written by Lefteris Tsoulfidis and published by Routledge. This book was released on 2021-05-31 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, there have been a number of new developments in what came to be known as the "Capital Theory Debates". The debates took place mainly during the 1960s as a result of Piero Sraffa's critique of the neoclassical theory according to which the prices of factors of production directly depend on their relative scarcities. Sraffa showed that when income distribution changes, there are many complexities developed within the economic system impacting on prices in ways which are not possible to predict. These debates were revisited in the 1980s and again more recently, along with a parallel literature that has developed among neoclassical economists and has also looked at the impact of shocks on an economy. This book summarizes the debates and issues around the theory of capital and brings to the fore the more recent developments. It also pinpoints the similarities and differences between the various approaches and critically evaluates them in light of available empirical evidence. The focus of the book is on the price trajectories induced by changes in income distribution and the resulting shape of the wage rates of profit curves and frontier. These issues are central to areas such as microeconomics, international trade, growth, technological change and macro stability analysis. Each chapter starts with the theoretical issues involved, followed by their formalization and subsequently with their operationalization. More specifically, the variables of the classical theory of value and distribution are rigorously defined and quantified using actual input–output data from a number of major economies, but mainly from the USA, over long stretches of time. The empirical results are not only consistent with the anticipations of the theory but also further inform and therefore strengthen its predictive content raising new significant questions.
Book Synopsis A Neo-Classical Theory of Distribution and Wealth by : Hans U. Buhl
Download or read book A Neo-Classical Theory of Distribution and Wealth written by Hans U. Buhl and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: The distribution of capital and income in general and its re lation to wealth and economic growth in particular have attrac ted economists' interest for a long time already. Especially the, at least partially, conflicting nature of the two politi cal objectives, namely to obtain substantially large economic growth and a "just" income distribution at the same time, has caused the topic to become a subject of political discussions. As a result of these discussions, numerous models of workers' participation in the profits of growing economies have been developed. To a minor extent and with quite diverse success, some have been implemented in practice. It is far beyond the scope of this work to outline all these approaches from the past centuries and, in particular, the past decades. In economic theory many authors, for instance Kaldor [1955], Krelle [1968], [1983], Pasinetti [1962], Samuelson and Modigli ani [1966], to name but a few, have analyzed the long-term eco nomic implications of workers' saving and investment. While most of this extensive literature is highly interesting, it suffers from the fact that it does not explicitly consider either workers' or capitalists' objectives and thus neglects their impacts on economic growth. Thus, in the framework of a neo-classical model, these objectives and their impacts will be emphasized here.
Book Synopsis Contending Economic Theories by : Richard D. Wolff
Download or read book Contending Economic Theories written by Richard D. Wolff and published by MIT Press. This book was released on 2012-09-07 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: A systematic comparison of the 3 major economic theories—neoclassical, Keynesian, and Marxian—showing how they differ and why these differences matter in shaping economic theory and practice. Contending Economic Theories offers a unique comparative treatment of the three main theories in economics as it is taught today: neoclassical, Keynesian, and Marxian. Each is developed and discussed in its own chapter, yet also differentiated from and compared to the other two theories. The authors identify each theory's starting point, its goals and foci, and its internal logic. They connect their comparative theory analysis to the larger policy issues that divide the rival camps of theorists around such central issues as the role government should play in the economy and the class structure of production, stressing the different analytical, policy, and social decisions that flow from each theory's conceptualization of economics. Building on their earlier book Economics: Marxian versus Neoclassical, the authors offer an expanded treatment of Keynesian economics and a comprehensive introduction to Marxian economics, including its class analysis of society. Beyond providing a systematic explanation of the logic and structure of standard neoclassical theory, they analyze recent extensions and developments of that theory around such topics as market imperfections, information economics, new theories of equilibrium, and behavioral economics, considering whether these advances represent new paradigms or merely adjustments to the standard theory. They also explain why economic reasoning has varied among these three approaches throughout the twentieth century, and why this variation continues today—as neoclassical views give way to new Keynesian approaches in the wake of the economic collapse of 2008.
Book Synopsis THE NEOCLASSICAL THEORY OF PRODUCTION AND DISTRIBUTION. VON C.E. FERGUSON. WITH 68 DIAGRS. by : Charles E. Ferguson
Download or read book THE NEOCLASSICAL THEORY OF PRODUCTION AND DISTRIBUTION. VON C.E. FERGUSON. WITH 68 DIAGRS. written by Charles E. Ferguson and published by . This book was released on 1971 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Marginal Productivity Theory of Distribution by : John Pullen
Download or read book The Marginal Productivity Theory of Distribution written by John Pullen and published by Routledge. This book was released on 2009-06-26 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Pullen presents a critical history of the concept of the Marginal Profit Theory of Distribution looking at the contributions of its proponents (eg Stigler) and its critics (eg Pareto) and stressing the continuity of the debate.
Book Synopsis The Economics of Distribution by : John Atkinson Hobson
Download or read book The Economics of Distribution written by John Atkinson Hobson and published by . This book was released on 1903 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Production and Distribution Theories by : George Joseph Stigler
Download or read book Production and Distribution Theories written by George Joseph Stigler and published by . This book was released on 1946 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This work was first completed in 1937 as a doctoral dissertation which was submitted early in 1938 to the University of Chicago. It has since been revised and a chapter on John Bates Clark has been added."--Preface
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