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On the linearity of the wage–profit relation in a Sraffa’s model: a mathematical summing-up

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Abstract

This paper sums up in a common analytical structure the main results, scattered in economic literature, concerning the linearity between rate of profit and real wage in a simple Sraffa’s model. The paper is mainly based on previous results of one of the two authors and on results of Miyao (Int Econ Rev 18:151–162, 1977) and Schefold (Zeitschrift für angewandte Mathematik und Physik 27:873–875, 1976a; Zeitschrift für Nationalökonomie 36:21–48, 1976b).

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Correspondence to C. Zuccotti.

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Giorgi, G., Zuccotti, C. On the linearity of the wage–profit relation in a Sraffa’s model: a mathematical summing-up. Decisions Econ Finan 35, 59–73 (2012). https://doi.org/10.1007/s10203-011-0114-2

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  • DOI: https://doi.org/10.1007/s10203-011-0114-2

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