CINECA IRIS Institutional Research Information System
IRIS è la soluzione IT che facilita la raccolta e la gestione dei dati relativi alle attività e ai prodotti della ricerca. Fornisce a ricercatori, amministratori e valutatori gli strumenti per monitorare i risultati della ricerca, aumentarne la visibilità e allocare in modo efficace le risorse disponibili.
EnglishThe uniformity of the profit rates has been justified by the modern literature on long-period positions on the ground of the working of free capital mobility across sectors. However, classical economists allow for profit rates differentials also in case of absence of barriers to entry, because of specific factors affecting the investment behavior of producers in industries. We develop a linear multisectoral model in which differential profit rates are determined by such ‘idiosyncratic’ factors. We provide conditions ensuring the uniformity of the profit rates in the long-run.
| Titolo: | An Analytical Foundation of the Classical View of Long-Period Prices with Differential Profit Rates |
| Autori interni: | |
| Data di pubblicazione: | 2017 |
| Rivista: | |
| Handle: | http://hdl.handle.net/20.500.11769/18050 |
| Appare nelle tipologie: | 1.1 Articolo in rivista |
File in questo prodotto:
Copyright © 2021