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Full industry equilibrium : a theory of the industrial long run /

"This highly original book develops a systematic zero-net-profit comparative statics theory of the firm that challenges many widely held views in microeconomics. It builds a bridge between the marginalist long-run theory of the firm and Sraffian theory to create a unified theoretical framework...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Opocher, Arrigo (Autor), Steedman, Ian (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Cambridge, United Kingdom : Cambridge University Press, 2015.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Opocher, Arrigo,  |e author. 
245 1 0 |a Full industry equilibrium :  |b a theory of the industrial long run /  |c Arrigo Opocher and Ian Steedman. 
264 1 |a Cambridge, United Kingdom :  |b Cambridge University Press,  |c 2015. 
264 4 |c ©2015 
300 |a 1 online resource (xvi, 215 pages) 
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520 |a "This highly original book develops a systematic zero-net-profit comparative statics theory of the firm that challenges many widely held views in microeconomics. It builds a bridge between the marginalist long-run theory of the firm and Sraffian theory to create a unified theoretical framework that explains how firms react to exogenous shocks resulting in new equilibrium positions of the whole economy. The central message of the book is that too often economists expect more from the microeconomic laws of input demand and output supply than they can really give. The authors show that the zero-net-profit condition requires a more articulated analysis that sometimes yields qualitative results contrary to those of familiar economic laws. Written for academic researchers and graduate students, the book will be of particular interest to those working on the microeconomics of industry equilibrium, comparative statics and Sraffian economics"--  |c Provided by publisher 
504 |a Includes bibliographical references and index. 
588 0 |a Print version record. 
505 0 |a 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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650 6 |a Microéconomie. 
650 6 |a Économie d'entreprise. 
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650 7 |a Microeconomics  |2 fast 
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700 1 |a Steedman, Ian,  |e author. 
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