TY  - BOOK
AU  - Schefold,Bertram
TI  - Normal prices, technical change, and accumulation
SN  - 0333621298
U1  - 338.52 
PY  - 1997///
CY  - New York
PB  - St. Martin's Press
KW  - Production (Economic theory)
KW  - Prices
KW  - Technological innovations
KW  - Saving and investment
KW  - Equilibrium (Economics)
KW  - Economics, Mathematical
N1  - Includes bibliographical references (p. 550-562) and index; 	Preface --
Introduction: Sraff's Theory Today --

PART 1: GENERAL PROPERTIES OF SINGLE AND JOINT PRODUCTION SYSTEMS --
Multiple Product Techniques With Properties of Single Product Systems --
Relative Prices as a Function of the Rate of Profit: A Mathematical Note --
The Standard Commodity as a Tool of Economic Analysis --

PART 2: THE DOMINANT TECHNIQUE --
On Counting Equations --
Von Neumann and Sraffa: Mathematical Equivalence and Conceptual Difference --
The Dominant Technique in Joint Production Systems --
Joint Production: A Further Assessment --

PART 3: FIXED CAPITAL AND TECHNICAL PROGRESS --
Fixed Capital as a Joint Product --
Reduction to Dated Quantities of Labour, Roundabout Processes, and Switches of Technique in Fixed Capital Systems --
Different Forms of Technical Progress --
Capital, Growth, and Definitions of Technical Progress --

PART 4: THE COMPOSITION OF OUTPUT --
Sraffa and Applied Economics: Joint Production --
On Changes in the Composition of Output --

PART 5: RELATIONS BETWEEN CLASSICAL, NEOCLASSICAL AND KEYNESIAN THEORIES --
Joint Production, Intertemporal Preferences and Long-Period Equilibrium --
The Market and the Classical Theory of Prices --
On the Classical and Marshallian Foundation of Keynesian and Post-Keynesian Economics --
Classical Theory and Intertemporal Equilibrium --
Schumpeter as a Walrasian Austrian and Keynes as a Classical Marshallian --
Ecological Problems as a Challenge to Classical and Keynesian Economics --
Notes --
Bibliography --
Index
ER  -