EconPapers    
Economics at your fingertips  
 

The ‘Standard commodity’ and Ricardo’s Search for an ‘Invariable Measure of Value’

Heinz Kurz () and Neri Salvadori ()

Chapter 3 in The Dynamics of the Wealth of Nations, 1993, pp 95-123 from Palgrave Macmillan

Abstract: Abstract Even three decades after the publication of Piero Sraffa’s Production of Commodities by Means of Commodities (1960) and in spite of extended discussions on the matter there does not yet exist a commonly accepted view as to the meaning of the ‘Standard commodity’ and the rôle it plays in Sraffa’s analysis. Moreover, it seems to be still unclear what is the relationship between this concept and Ricardo’s search for an ‘invariable measure of value’.1

Keywords: Wage Rate; Standard System; Relative Prex; Profit Rate; Real Wage Rate (search for similar items in EconPapers)
Date: 1993
References: Add references at CitEc
Citations: Track citations by RSS feed

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:pal:palchp:978-1-349-22728-0_4

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349227280

DOI: 10.1007/978-1-349-22728-0_4

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2022-09-27
Handle: RePEc:pal:palchp:978-1-349-22728-0_4