Full Industry Equilibrium

Full Industry Equilibrium

A Theory of the Industrial Long Run

Steedman, Ian (Manchester Metropolitan University); Opocher, Arrigo (Universita degli Studi di Padova, Italy)

Cambridge University Press

05/2015

232

Dura

Inglês

9781107097797

15 a 20 dias

Written for academic researchers and graduate students, this ambitious and highly original book shows how work from two disparate traditions, the marginalist long-run theory of the firm and Sraffian theory, can be used to build a framework that sheds new light on the microeconomics of industry equilibrium.
Preface; Introduction; 1. Taking seriously the tendency to zero net profits; 2. An isolated industry; 3. Multiproduct firms; 4. Interdependent industries; 5. Industry-level input use. Some aftershocks from capital theory; 6. The 'autonomous' components of input prices; 7. The effects of taxation; 8. Productivity increase; 9. Full industry equilibrium in retrospect; 10. Conclusion; References; Index.
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