Necessary and Sufficient Conditions for Constant Prices in a Sraffa’s Model
| 22 mars 2023
À propos de cet article
Publié en ligne: 22 mars 2023
Pages: 327 - 341
Reçu: 01 févr. 2022
Accepté: 01 mai 2022
DOI: https://doi.org/10.2478/candc-2022-0020
Mots clés
© 2022 Giorgio Giorgi, published by Sciendo
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.
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.