TY - JOUR

T1 - A Mathematical Formulation of the Ricardian System

AU - Pasinetti, Luigi Lodovico

AU - Pasinetti, Luigi L.

PY - 1960

Y1 - 1960

N2 - In this article, L.L. Pasinetti describes David Ricardo’s complete economic system in a rigorous and concise form. He eliminates ambiguities and shows that the Ricardian system is very neat and even suitable for a mathematical formulation, with all the well-known advantages of conciseness, rigour and clarity. To avoid digressions, and lengthy references, the difficulties Ricardo faced and the basic features of his theories are briefly reviewed. The Italian version: "Una formulazione matematica del sistema ricardiano" is published in: Sviluppo economico e distribuzione del reddito, Bologna: Il Mulino, 1977, pp.9-42.

AB - In this article, L.L. Pasinetti describes David Ricardo’s complete economic system in a rigorous and concise form. He eliminates ambiguities and shows that the Ricardian system is very neat and even suitable for a mathematical formulation, with all the well-known advantages of conciseness, rigour and clarity. To avoid digressions, and lengthy references, the difficulties Ricardo faced and the basic features of his theories are briefly reviewed. The Italian version: "Una formulazione matematica del sistema ricardiano" is published in: Sviluppo economico e distribuzione del reddito, Bologna: Il Mulino, 1977, pp.9-42.

KW - Characteristics of the Ricardian system

KW - Market solutions and the attainment of natural equilibrium

KW - Multi-commodity production

KW - The equilibrium of the stationary state

KW - The natural equilibrium in a two commodities system

KW - The theory of value

KW - Theory of distribution

KW - Theory of economic growth

KW - Characteristics of the Ricardian system

KW - Market solutions and the attainment of natural equilibrium

KW - Multi-commodity production

KW - The equilibrium of the stationary state

KW - The natural equilibrium in a two commodities system

KW - The theory of value

KW - Theory of distribution

KW - Theory of economic growth

UR - http://hdl.handle.net/10807/65690

M3 - Article

VL - 1959-1960

SP - 78

EP - 98

JO - Review of Economic Studies

JF - Review of Economic Studies

SN - 0034-6527

ER -