Kritik der werttheoretischen Basis des neoricardianischen Modells

Critique of the value-theoretical basis of the neo-Ricardian model

Georg Quaas

MPRA Paper from University Library of Munich, Germany

Abstract: This contribution to the conference "Nach der Wertdiskussion?" of the Political Economy Research Group of the Philipps University of Marburg, which took place on 27 and 28 June 1998, analyses the "core" of the neo-Ricardian model, i.e. the mathematical approach underlying the determination of prices in Piero Sraffa's book "Warenproduktion mittels Waren". On the basis of a comparison with a mathematical modelling close to the text of Sraffa's economic theory in "Capital. First Volume", which was developed and published by the author in the 1980s, it is shown that Sraffa's model does not provide genuine Marxian values even in the case of a vanishing profit rate. In this respect, the claim of the neo-Ricardian school to have inherited Marx fails above all because it does not take heterogeneous labour into account.

Keywords: Labour theory of value; neo-Ricardian model; comparison of theories (search for similar items in EconPapers)
JEL-codes: B51 E1 P1 (search for similar items in EconPapers)
Date: 1998
References: View complete reference list from CitEc
Citations:

Published in Schriftenreihe der Forschungsgruppe Politische Ökonomie, Universität Marburg 1 (1999): pp. 41-65

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/123380/1/MPRA_paper_123380.pdf original version (application/pdf)

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:pra:mprapa:123380

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().