Matches in SemOpenAlex for { <https://semopenalex.org/work/W3122663770> ?p ?o ?g. }
Showing items 1 to 74 of
74
with 100 items per page.
- W3122663770 abstract "As worked out a century ago, the neoclassical theory of distribution was analytically as well as ideologically satisfying. The simultaneous determination of input and output prices through the operation of factor and product markets seemed to close the explanatory gap left by the classical economists. Seminal contributions by Wicksteed, Wicksell, J. B. Clark, Walras, Barone, and others generated a logically rigorous explanation of the sharing of value in a competitively organized economy, at least as stylized, and served to put a quietus on Marxian claims to the effect that labor is exploited in the shortfall between product and payment. This major analytical achievement, with its profound implications for the organization of societies, was, however, attained only at considerable cost. Buying into the neoclassical theory of distribution seemed to require the abandonment of the central principle of Adam Smith?s Wealth of Nations (1776) which stressed the importance of the division of labor and its relationship to market size as a primary determinant of economic well-being. The neoclassical emplacement of a static framework for analysis?defined by fixity in the size of the resource base and in technology?left no room for direct linkage between policy action on the size of the economic nexus and the rate of growth. For any given market size, competitive organization of the economy serves to maximize value by assuring that all resources are directed to their most productive uses. But there is nothing in this idealized neoclassical model to suggest why and how market size, in itself, matters." @default.
- W3122663770 created "2021-02-01" @default.
- W3122663770 creator A5031196760 @default.
- W3122663770 creator A5033632692 @default.
- W3122663770 date "1997-01-01" @default.
- W3122663770 modified "2023-09-24" @default.
- W3122663770 title "Generalized Increasing Returns, Euler's Theorem and Competitive Equilibrium" @default.
- W3122663770 hasPublicationYear "1997" @default.
- W3122663770 type Work @default.
- W3122663770 sameAs 3122663770 @default.
- W3122663770 citedByCount "1" @default.
- W3122663770 countsByYear W31226637702015 @default.
- W3122663770 crossrefType "posted-content" @default.
- W3122663770 hasAuthorship W3122663770A5031196760 @default.
- W3122663770 hasAuthorship W3122663770A5033632692 @default.
- W3122663770 hasConcept C105795698 @default.
- W3122663770 hasConcept C110121322 @default.
- W3122663770 hasConcept C133425853 @default.
- W3122663770 hasConcept C134306372 @default.
- W3122663770 hasConcept C144237770 @default.
- W3122663770 hasConcept C162324750 @default.
- W3122663770 hasConcept C165556158 @default.
- W3122663770 hasConcept C175444787 @default.
- W3122663770 hasConcept C2524010 @default.
- W3122663770 hasConcept C2776291640 @default.
- W3122663770 hasConcept C2779439359 @default.
- W3122663770 hasConcept C2780964549 @default.
- W3122663770 hasConcept C33923547 @default.
- W3122663770 hasConcept C34447519 @default.
- W3122663770 hasConcept C38935604 @default.
- W3122663770 hasConcept C90673727 @default.
- W3122663770 hasConceptScore W3122663770C105795698 @default.
- W3122663770 hasConceptScore W3122663770C110121322 @default.
- W3122663770 hasConceptScore W3122663770C133425853 @default.
- W3122663770 hasConceptScore W3122663770C134306372 @default.
- W3122663770 hasConceptScore W3122663770C144237770 @default.
- W3122663770 hasConceptScore W3122663770C162324750 @default.
- W3122663770 hasConceptScore W3122663770C165556158 @default.
- W3122663770 hasConceptScore W3122663770C175444787 @default.
- W3122663770 hasConceptScore W3122663770C2524010 @default.
- W3122663770 hasConceptScore W3122663770C2776291640 @default.
- W3122663770 hasConceptScore W3122663770C2779439359 @default.
- W3122663770 hasConceptScore W3122663770C2780964549 @default.
- W3122663770 hasConceptScore W3122663770C33923547 @default.
- W3122663770 hasConceptScore W3122663770C34447519 @default.
- W3122663770 hasConceptScore W3122663770C38935604 @default.
- W3122663770 hasConceptScore W3122663770C90673727 @default.
- W3122663770 hasLocation W31226637701 @default.
- W3122663770 hasOpenAccess W3122663770 @default.
- W3122663770 hasPrimaryLocation W31226637701 @default.
- W3122663770 hasRelatedWork W1517473703 @default.
- W3122663770 hasRelatedWork W1534096546 @default.
- W3122663770 hasRelatedWork W1562050349 @default.
- W3122663770 hasRelatedWork W1583461532 @default.
- W3122663770 hasRelatedWork W1986999625 @default.
- W3122663770 hasRelatedWork W2045764925 @default.
- W3122663770 hasRelatedWork W205728005 @default.
- W3122663770 hasRelatedWork W2094271077 @default.
- W3122663770 hasRelatedWork W2129414994 @default.
- W3122663770 hasRelatedWork W2255219568 @default.
- W3122663770 hasRelatedWork W2430779684 @default.
- W3122663770 hasRelatedWork W2482607137 @default.
- W3122663770 hasRelatedWork W2497315193 @default.
- W3122663770 hasRelatedWork W279123358 @default.
- W3122663770 hasRelatedWork W2966244496 @default.
- W3122663770 hasRelatedWork W2981869462 @default.
- W3122663770 hasRelatedWork W3183918384 @default.
- W3122663770 hasRelatedWork W41031889 @default.
- W3122663770 hasRelatedWork W607870359 @default.
- W3122663770 hasRelatedWork W2183360545 @default.
- W3122663770 isParatext "false" @default.
- W3122663770 isRetracted "false" @default.
- W3122663770 magId "3122663770" @default.
- W3122663770 workType "article" @default.