Comments on Scott Carter

Robert Solow

A chapter in Research in Political Economy, 2014, vol. 29, pp 63-67 from Emerald Group Publishing Limited

Abstract: Sraffian's concept or metaphor of a “pool profits” is theoretically pointless and empirically irrelevant. The appropriate calculation is the variation of the equilibrium price vector along the factor price frontier.

Keywords: Pool of profits; factor; price; frontier (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eme:rpeczz:s0161-723020140000029000

DOI: 10.1108/S0161-723020140000029000

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