Faculty of Economics and Business Administration Publications Database

Reduction to Dated Quantities of Labour, Roundabout Processes, and Switches of Technique in Fixed Capital Systems

Volume: 28
Pages: 1 - 15
Month: February
ISSN-Print: 0026-1386
Link External Source: Online Version
Year: 1976
Abstract: This paper examines a formal simplification of fixed capital systems of the Sraffa type (1) by means of an extension of the reduction to dated quantities of labour. The reduction will be used to discuss particular types of switches of techniques which arise only in the context of fixed capital systems.