Pasinetti's Vertically Hyper-integrated Sectors and Natural Prices

Marc Lavoie

Cambridge Journal of Economics, 1997, vol. 21, issue 4, 453-67

Abstract: Hyper-vertically integrated sectors and their natural prices, as presented by L. L. Pasinetti (1988), are reexamined in a slightly different framework and with the help of a very simple three-industry model. It is shown that, while Pasinetti's analysis takes into account basic commodities and interdependence, it short-circuits them. It is then asked whether such an approach is required to analyze growing subsystems. Copyright 1997 by Oxford University Press.

Date: 1997
References: Add references at CitEc
Citations: View citations in EconPapers (12)

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

Related works:
Working Paper: Pasinett's Vertically Hyper-Integrated Sectors and Natural Prices (1995)
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:21:y:1997:i:4:p:453-67

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 ().