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Full-cost pricing in the classical competitive process: A model of convergence to long-run equilibrium

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  • Enrico Bellino

Abstract

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Suggested Citation

  • Enrico Bellino, 1997. "Full-cost pricing in the classical competitive process: A model of convergence to long-run equilibrium," Journal of Economics, Springer, vol. 65(1), pages 41-54, February.
    • Handle: RePEc:kap:jeczfn:v:65:y:1997:i:1:p:41-54
    DOI: 10.1007/BF01239058
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    References listed on IDEAS

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    1. Morishima, M. & Fujimoto, T., 1974. "The Frobenius theorem, its Solow-Samuelson extension and the Kuhn-Tucker theorem," Journal of Mathematical Economics, Elsevier, vol. 1(2), pages 199-205, August.
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    Cited by:

    1. Christian Bidard & Guido Erreygers, 1998. "The number and type of long-term equilibria," Journal of Economics, Springer, vol. 67(2), pages 181-205, June.
    2. Frederic Lee & Tae-Hee Jo, 2011. "Social Surplus Approach and Heterodox Economics," Journal of Economic Issues, Taylor & Francis Journals, vol. 45(4), pages 857-876.
    3. Bellino, Enrico & Serrano, Franklin, 2017. "Gravitation of market prices towards normal prices: some new results," MPRA Paper 79297, University Library of Munich, Germany.
    4. Bellino, Enrico & Serrano, Franklin, 2017. "Gravitation of Market Prices towards Normal Prices: Some New Results," Centro Sraffa Working Papers CSWP25, Centro di Ricerche e Documentazione "Piero Sraffa".

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    More about this item

    Keywords

    capitalistic competition; capital mobility; full-cost pricing; gravitation; market prices; natural prices; long-run equilibrium; JEL classification; D4; D46; D50; E11;
    All these keywords.

    JEL classification:

    • D4 - Microeconomics - - Market Structure, Pricing, and Design
    • D46 - Microeconomics - - Market Structure, Pricing, and Design - - - Value Theory
    • D50 - Microeconomics - - General Equilibrium and Disequilibrium - - - General
    • E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Kaleckian

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