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On Some Unresolved Questions in Capital Theory: An Application of Samuelson's Correspondence Principle

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  • Edwin Burmeister
  • Ngo Van Long

Abstract

I. Introduction and summary, 289.—II. The basic model, notation and assumptions, and analysis of the n = 1 case, 296.—III. The no-joint production case with n > 1,301.—IV. The joint production case with n > 1,303.—V. The social rate of return, 306.—VI. Concluding remarks, 312.

Suggested Citation

  • Edwin Burmeister & Ngo Van Long, 1977. "On Some Unresolved Questions in Capital Theory: An Application of Samuelson's Correspondence Principle," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 91(2), pages 289-314.
    • Handle: RePEc:oup:qjecon:v:91:y:1977:i:2:p:289-314.
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    Cited by:

    1. Magill, Michael J P, 1979. "The Stability of Equilibrium," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 20(3), pages 577-597, October.
    2. Neil Wallace, 1977. "Samuelson's pure consumption loans model with constant returns-to-scale storage," Staff Report 23, Federal Reserve Bank of Minneapolis.
    3. J. Barkley Rosser, 2020. "Austrian themes and the Cambridge capital theory controversies," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 33(4), pages 415-431, December.
    4. Freni, Giuseppe, 2016. "Back to the Sixties: A Note on Multi-Primary-Factor Linear Models with Homogeneous Capital," MPRA Paper 73677, University Library of Munich, Germany.
    5. Ichiro Gombi & Shinsuke Ikeda, 2001. "Heterogeneous Habits and the Transfer Paradox," ISER Discussion Paper 0551, Institute of Social and Economic Research, Osaka University.
    6. W. A. Brock, 1977. "Applications of Recent Results on the Asymptotic Stability of Optimal Control to the Problem of Comparing Long Run Equilibria," Discussion Papers 274, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    7. Sergio Parrinello, 2022. "Numéraire problems and market adjustments," Metroeconomica, Wiley Blackwell, vol. 73(1), pages 126-143, February.

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