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Marx, Economies of Scale, and The Falling Rate of Profit
Oleh:
Negishi, Takashi
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
JAPAN AND THE WORLD ECONOMY vol. 10 no. 3 (1998)
,
page 253-264.
Topik:
social economies
;
marx
;
economies of scale
;
rate of profit
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
JJ47.8
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
The Shibata – Okishio theorem, which denied Marx's law of falling rate of profit, was demonstrated by the use of the Lausanne School model based on the assumptions of constant returns to scale and perfect competition, which Marx did not assume. The competition among capitalists which Marx described is a world of economies of scale and imperfect competition. The model to be used should, therefore, be either Cournot's model of oligopoly or Chamberlin's model of monopolistic competition, both of which, unlike the Lausanne model, can deal with economies of scale.
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