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Theoretical and empirical considerations towards the integration of the Leontief and Sraffa systems
(Gokhale Institute of Politics and Economics (GIPE), Pune (India), 2016-07)
The production equations of the Sraffa system have an agrarian point-input point-output character. This paper presents a generalization of the Sraffa system to cover continuous-input continuous-output processes. The resulting ...
Sraffian general equilibrium
(Gokhale Institute of Politics and Economics (GIPE), Pune (India), 2016-08)
If the Sraffa system of equations is augmented by consumption demand equations of households and investment demand equations of industries the result is a complete system of general equilibrium having a unique positive ...