<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>We give a simple and direct proof of necessary and sufficient conditions to have constant equilibrium prices in a simple Sraffa’s production model. We make some remarks on the linearity of the relation between profit rate and wage rate.</p>
</abstract>

We give a simple and direct proof of necessary and sufficient conditions to have constant equilibrium prices in a simple Sraffa’s production model. We make some remarks on the linearity of the relation between profit rate and wage rate.

Necessary and Sufficient Conditions for Constant Prices in a Sraffa’s Model

Control and Cybernetics

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Necessary and Sufficient Conditions for Constant Prices in a Sraffa\u2019s Model"}

We give a simple and direct proof of necessary and sufficient conditions to have constant equilibrium prices in a simple Sraffa’s production model. We make...

Necessary and Sufficient Conditions for Constant Prices in a Sraffa’s Model

Published Online: Mar 22, 2023

Page range: 327 - 341

Received: Feb 01, 2022

Accepted: May 01, 2022

DOI: https://doi.org/10.2478/candc-2022-0020

Keywords
Sraffa’s price system, uniform organic composition of capital, standard system, labour value theory

© 2022 Giorgio Giorgi, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Necessary and Sufficient Conditions for Constant Prices in a Sraffa’s Model

Published Online: Mar 22, 2023

Page range: 327 - 341

Received: Feb 01, 2022

Accepted: May 01, 2022

DOI: https://doi.org/10.2478/candc-2022-0020

KeywordsSraffa’s price system, uniform organic composition of capital, standard system, labour value theory

© 2022 Giorgio Giorgi, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
Sraffa’s price system, uniform organic composition of capital, standard system, labour value theory