Reswitching and Primary Input Use

J. S. Metcalfe and Ian Steedman

Chapter 2 in Fundamental Issues in Trade Theory, 1979, pp 15-37 from Palgrave Macmillan

Abstract: Abstract The object of this essay is to explain the consequences of the existence of a positive rate of profit in the neoclassical model of long-run general equilibrium,1 in which two commodities are produced by means of land, labour and produced commodities

Keywords: Real Wage; Capital Good; Primary Input; Trade Theory; Price Ratio (search for similar items in EconPapers)
Date: 1979
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-04378-1_2

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DOI: 10.1007/978-1-349-04378-1_2

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