 Sraffa’s Model for the Joint Production of Commodities by Means of CommoditiesCarlo Felice Manara Chapter Chapter One in Essays on the Theory of Joint Production, 1980, pp 1-15 from Palgrave Macmillan Abstract: Abstract The present essay aims to analyse the model presented by Piero Sraffa in the second part of his book Production of Commodities by Means of Commodities (1960). There already exist analyses of the first part of the book, dealing with single-product industries and circulating capital: for example, the analyses by P. Newman (1962) and V. Dominedb (1962). But to my knowledge there has been no mathematical analysis of the second part of the book, ‘Multiple-Product Industries and Fixed Capital’. It is hoped, therefore, that the present analysis may prove useful, and that not solely for the aim, shrewdly identified by Newman (1962) of ‘translat[ing] Sraffa’s work into the more widely used Walrasian dialect of mathematical economics’. My aim is above all to analyse the logical foundations of Sraffa’s treatment and to attempt to enunciate hypotheses that make his model viable. Such hypotheses are not always stated clearly and explicitly by Sraffa, perhaps because he makes very limited use of the mathematical language and so considers it unnecessary to specify the precise conditions under which the relationships of which he writes are capable of having sense. Date: 1980 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-05201-1_1 Ordering information: This item can be ordered from DOI: 10.1007/978-1-349-05201-1_1 Access Statistics for this chapter More chapters in Palgrave Macmillan Books from Palgrave Macmillan |
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