Capital Theory and the Distribution of Income
Published on 22. July 2014
392 pages
978-1-4832-7527-7 (ISBN)
Description
Advanced Textbooks in Economics, Volume 4: Capital Theory and the Distribution of Income focuses on the interconnection of capital theory and the distribution of income, including marginal products, capital, interest rates, and price systems. The book first takes a look at production without capital, equilibrium, prices, and time, and semi-stationary growth, as well as the existence of constant-rate-of-interest price systems. The manuscript then discusses marginal products and capital and the Cambridge model. The text examines the aggregation of miscellaneous objects, production function, linear production model, and efficiency, production prices, and rates of return, as well as prices and efficiency for infinite developments. The manuscript also ponders on investment, structure of interest rates, and disputations. Discussions focus on sets and convex sets, concave functions, and linear and non-linear programming. The publication is a dependable source of data for economists and researchers interested in capital theory and the distribution of income.
More details
Content
PrefaceMathematical NotationPart I: Introduction Chapter 1. The Problem of CapitalPart II: Equilibrium Chapter 2. Production without Capital Chapter 3. Equilibrium, Prices and Time Chapter 4. Semi-Stationary Growth Appendix: Existence of Constant-Rate-of-Interest Price Systems Chapter 5. Marginal Products and Capital Chapter 6. The Cambridge ModelPart III: Aggregation Chapter 7. The Aggregation of Miscellaneous Objects Chapter 8. The Production FunctionPart IV: Efficiency Chapter 9. The Linear Production Model Chapter 10. Efficiency, Production Prices and Rates of Return Appendix: Prices and Efficiency for Infinite Developments Chapter 11. More on the Cambridge Model: Non-Substitution Theory Chapter 12. The Orthodox VisionPart V: Investment and the Short Run Chapter 13. Investment Chapter 14. The Structure Of Interest RatesPart VI: Conclusion Chapter 15. DisputationsMathematical AppendixReferencesIndex
