Rent as a Share of Product and Sraffa’s Price Equations

Saverio Fratini

MPRA Paper from University Library of Munich, Germany

Abstract: The classical economists usually regarded rent in their analyses as a share of the gross product obtained from the use of land or a mine, which was indeed the way in which rent was treated in bargaining between landowner and tenant. The paper revives this view of rent, proceeding from its historical basis through Smith’s analysis to arrive at Sraffa’s equations, and also examines the case of the introduction of a tax conceived as a tithe, to which Sraffa referred very briefly

Keywords: Rent; Classical theory of distribution; Smith; Sraffa (search for similar items in EconPapers)
JEL-codes: B12 B51 D33 Q15 (search for similar items in EconPapers)
Date: 2013-10-16
New Economics Papers: this item is included in nep-his, nep-hme, nep-hpe and nep-pke
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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Related works:
Journal Article: Rent as a share of product and Sraffa’s price equations (2016)
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