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- W2489277639 abstract "Many of the standard results of the neoclassical theory of international trade also come into question when exposed to the possibilities of capital heterogeneity and production through historical time. Since this criticism is well documented (cf. [54, 55, 102, 103, 105]), as are the extensions of Keynes’s short-period theory to trade (e.g. [76, part iii]) these aspects will not be taken up here. The reader is, however, directed to Steedman [102] and Steedman and Metcalfe [103] for a reappraisal of Ricardo’s theory in relation to later neoclassical interpretations of Ricardo’s approach.KeywordsExchange RateOpen EconomyReal WageCapital AccumulationCapital GoodThese keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves." @default.
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- W2489277639 date "1973-01-01" @default.
- W2489277639 modified "2023-09-26" @default.
- W2489277639 title "An Open Economy" @default.
- W2489277639 doi "https://doi.org/10.1007/978-1-349-01944-1_12" @default.
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