... History of Political Economy I9:4 0 1987 by Duke University Press CCC 0018-2702/87/$1.50 Technical progress and values in Marx’s theory of the decline in the rate of profit: an exegetical...

...Alain Alcouffe; David le Bris The social scientist Jean Fourastié introduced his model of economic development in a book published in 1949. He based his analysis on a statistical series he had collected, which established two principles: technical progress is not uniformly distributed across...

... for abstract mathematical models as helping inquirers to rise above such impediments, even if only temporarily, or to gain focus, as was the case with his making technical progress an exogenous variable. Tinbergen’s models of the “first stage” were also intended to make planning for development tractable...

... of macroeconomic increasing returns reveals the limitations of models that assume an aggregate production function exhibiting constant returns to scale while “augmented” by exogenous technical progress. His endogenously self-sustaining growth paradigm is also shown to differ in important respects (including in its...

... Bauer’s model, the Harrod-Domar model, a simple neoclassical model, and a model in- spired by Luxemburg. We then notice that Bauer’s model does not appear to capture some essential features of Mamian economics, such as technical progress and the possibility of unemployment. We accordingly modify...

... . Oligopoly and technical progress . Cambridge, Mass. Wicksell , Knut . 1934 . Lectures on political economy , vol. 1 . London. History of Political Economy 17:3 0 1985 by Duke University ‘Press...

... that almost automatically accompanied the widening of the market and the division of labor” (1990,41). In this article, I argue that Rostow’s assessment captures only part of Smith’s system, a system to which technical progress is integral. As Rostow suggests, Smith’s analysis of technical change...

... .” In Shell 1967a , 67 – 85 . ———. 2001 . “ An Interview with Karl Shell [by Stephen E. Spear and Randall Wright] .” Macroeconomic Dynamics 5 ( 5 ): 701 – 41 . Sheshinski E. 1966 . “ Essays on the Theory of Production and Technical Progress .” PhD thesis , MIT . ———. 1967a...

... . London: Macmillan. Hogan, Warren P. 1958 . Technical Progress and the Production Function. Review of Economics and Statistics 40 : 407 –11. Jaffé, William. 1976 . Jevons, Menger, and Walras Dehomogenized. Economic Inquiry 14 : 511 –24. Kaldor, Nicholas. 1955–56 . Alternative Theories...

... . Technical Change and the Aggregate Production Function. Review of Economics and Statistics 39 : 312 –20. ———. 1960 . Investment and Technical Progress. In Mathematical Methods in the Social Sciences, 1959 , edited by K. Arrow, S. Karlin, and P. Suppes. Stanford, Calif.: Stanford University Press...

... -602. Solow , R. M. 1956 . ‘A contribution to the theory of economic growth.’ Quarterly Journal of Economics 70 : 65 -94. Solow , R. M. 1960 . ‘Investment and technical progress.’ In K. J. Arrow, S. Karlin and P. Suppes, eds., Mathematical methods in the social sciences (Stanford...

... ): 597 –99. ———. 1960 . Investment and Technical Progress. In Mathematical Methods in the Social Sciences, 1959 , edited by K. Arrow, S. Karlin, and P. Suppes. Stanford, Calif.: Stanford University Press. ———. 1988 . Growth Theory and After. American Economic Review 78.3 : 307 –17...

..., an additional principle operated on this evolution of the total social product, namely, technical progress. “Every improvement in machinery, in tools, in buildings, in raising the raw material, saves labour, and enables us to produce the commodity to which the improvement is applied with more facility...

... treatment of technical progress. Chalmers recognized in 1808 the effects of “the gradual amelioration of the soil, the improvements in the art of farm management, and the application of machinery, which abridges the work of man, and renders the implements of husbandry more effective” (4). He also...

... : 65 –94. ———. 1957 . Technical Change and the Aggregate Production Function. Review of Economics and Statistics 39 : 748 –62. ———. 1960 . Investment and Technical Progress. In Mathematical Methods in the Social Sciences, 1959 , edited by K. Arrow, S. Karlin, and P. Suppes. Stanford, Calif...

... and ideologically more comfortable way to represent capitalist social relations. Marx and Ricardo: The Technical Progressivity of Capitalism Marx quotes Ricardo a lot, was clearly fascinated by the quality of Ri- cardo’s logical analysis, but in fact disagrees with Ricardo on key points, particularly...

... and therefore corresponds to the conditions of free competition. Even in a socialist regime, he assumes that in the absence of technical progress the state bank maintains constant relative prices by shifting resources among industries where nominal price disparities are occurring because of errors...

... ): 34 – 54 . Hogan Warren P. 1958 . “ Technical Progress and Production Functions .” Review of Economics and Statistics 40 ( 4 ): 407 – 11 . Hornstein Andreas . 1993 . “ Monopolistic Competition, Increasing Returns to Scale, and the Importance of Productivity Shocks...

...’ terms of trade. One effect occurs because of systemati- cally different institutional features of product and factor markets, such as cost-plus pricing and the unionization of labor in industry. Another negative influence is that of technical progress, both from the asymmet- ric distribution of its...

...David F. Hendry Solow ( 1957 ) had proposed an important role for Cobb-Douglas production function research in measuring growth via technical progress, the first of several studies by him. That paper was also concerned to relax some of the assumptions of the Roy Harrod ( 1959 )–Evsey Domar...