Sraffa on Income Distribution

Luigi L Pasinetti

Cambridge Journal of Economics, 1988, vol. 12, issue 1, 135-38

Abstract: This is a brief assessment of Piero Sraffa's treatment of income distribution. On the basis of Sraffa's texts, the author rejects two opposite and extreme views, claiming respectively no concern for the problem of income distribution, and a very specific income distribution theory. It is shown that (1) Sraffa was concerned with providing the foundations of a theory of income distribution; and (2) these foundations are compatible with some theories (those that take eithe r the wage rate or the rate of profits as an independent variable withi n the production process) and are incompatible with others, in particul ar with marginal productivity theories. Copyright 1988 by Oxford University Press.

Date: 1988
References: Add references at CitEc
Citations: View citations in EconPapers (4)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:cambje:v:12:y:1988:i:1:p:135-38

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Cambridge Journal of Economics is currently edited by Jacqui Lagrue

More articles in Cambridge Journal of Economics from Cambridge Political Economy Society Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().