Advanced Textbooks in Economics, Volume 4: Capital Theory and the Distribution of Income focuses on the interconnection of capital theory and the distribution of income, including marginal products, capital, interest rates, and price systems.
The book first takes a look at production without capital, equilibrium, prices, and time, and semi-stationary growth, as well as the existence of constant-rate-of-interest price systems. The manuscript then discusses marginal products and capital and the Cambridge model. The text examines the aggregation of miscellaneous objects, production function, linear production model, and efficiency, production prices, and rates of return, as well as prices and efficiency for infinite developments. The manuscript also ponders on investment, structure of interest rates, and disputations. Discussions focus on sets and convex sets, concave functions, and linear and non-linear programming.
The publication is a dependable source of data for economists and researchers interested in capital theory and the distribution of income.
Inhalt
Preface
Mathematical Notation
Part I: Introduction
Chapter 1. The Problem of Capital
Part II: Equilibrium
Chapter 2. Production without Capital
Chapter 3. Equilibrium, Prices and Time
Chapter 4. Semi-Stationary Growth
Appendix: Existence of Constant-Rate-of-Interest Price Systems
Chapter 5. Marginal Products and Capital
Chapter 6. The Cambridge Model
Part III: Aggregation
Chapter 7. The Aggregation of Miscellaneous Objects
Chapter 8. The Production Function
Part IV: Efficiency
Chapter 9. The Linear Production Model
Chapter 10. Efficiency, Production Prices and Rates of Return
Appendix: Prices and Efficiency for Infinite Developments
Chapter 11. More on the Cambridge Model: Non-Substitution Theory
Chapter 12. The Orthodox Vision
Part V: Investment and the Short Run
Chapter 13. Investment
Chapter 14. The Structure Of Interest Rates
Part VI: Conclusion
Chapter 15. Disputations
Mathematical Appendix
References
Index