Revista de Ciencias Económicas ISSN Impreso: 0252-9521 ISSN electrónico: 2215-3489

OAI: https://revistas.ucr.ac.cr/index.php/economicas/oai
A MATHEMATICAL STUDY OF THE SRAFFIAN MODEL
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Palabras clave

SRAFFA
ECONOMIES OFF PRODUCTION
CLASSIC ECONOMICS
THEORY OFF DISTRIBUTION
PRICES
SRAFFA
ECONOMIES OFF PRODUCTION
CLASSIC ECONOMICS
THEORY OFF DISTRIBUTION
PRICES

Cómo citar

Hall, L. J. (2022). A MATHEMATICAL STUDY OF THE SRAFFIAN MODEL. Revista De Ciencias Económicas, 30(2). https://doi.org/10.15517/rce.v30i2.8007

Resumen

This paper has two primary objects. On the one hand, it presents a rigorous derivation of the Sraffa model recurring to some theorems discovered by Frobenius and Perron at the beginning of the twentieth century. This presentation is used to study the concept of productive economies or surplus economies, the solution to the price system and also to provide a clear derivation of the concept of the Standard Commodity.

The second goal of the paper is to sketch von Neumann's balanced growth model and show how Sraffa's model is related to Neumann`s model. Showing the role of the assumptions, one can establish the relationship between both models, particularly the role of irreducibility to obtain uniqueness and unify the study of both models.

 

https://doi.org/10.15517/rce.v30i2.8007
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