Durable Capital Inputs: Conditions for Price Ratios to be Invariant to Profit-Rate Changes. A Comment on Professor Samuelson

Baldone, Salvatore (1983) Durable Capital Inputs: Conditions for Price Ratios to be Invariant to Profit-Rate Changes. A Comment on Professor Samuelson. Bologna: Dipartimento di Scienze economiche DSE, p. 16. DOI 10.6092/unibo/amsacta/5311. In: Quaderni - Working Paper DSE (1). ISSN 2282-6483.
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Abstract

In this note we intend to prove that the uniform capital intensity assumption is a general condition for relative prices to be invariant both in models with circulating capital only and in fixed capital models irrespective of machine-depreciation schedules.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Baldone, Salvatore
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ISSN
2282-6483
DOI
Deposit date
11 Jul 2016 14:19
Last modified
11 Jul 2016 14:19
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