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Notes on Sraffa's fixed capital model

Published online by Cambridge University Press:  17 February 2009

J. E. Woods
J. E. Woods
Affiliation:
Department of Economics, University of Dublin, Trinity College, Dublin 2, Ireland
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Abstract

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This paper considers a single-product industries, fixed capital model discussed briefly by Sraffa in Chaapter X if his book. The analysis is elementary, being based on the direct calculation of a certain martrix inverse. This generalises the approach adopted for circulating capital models. It also demonstrates that common economic and mathematical frameworks exist for both circulating and fixed capital models.

Information

Type
Research Article
Information
The ANZIAM Journal , Volume 26 , Issue 2 , October 1984 , pp. 200 - 232
Copyright
Copyright © Australian Mathematical Society 1984

References

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