Abstract

The paper provides a critical reconstruction of the mathematical formulation of the Ricardian system proposed by Pasinetti. In particular, Pasinetti's model is presented as a formalization of the theory of distribution contained in Ricardo's Essay (1815) and in other writings prior to the publication of Ricardo's Principles (1817).
Original languageEnglish
PublisherVita e Pensiero
Number of pages16
Publication statusPublished - 2012

Keywords

  • Corn model
  • Income distribution theory
  • Pasinetti
  • Profits
  • Rents
  • Ricardo
  • Value theori
  • Wages
  • basc and non-basic commodities

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