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The Frail Grounds of the Ricardian Dynamics

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  • Christian Bidard

    (EconomiX - EconomiX - UPN - Université Paris Nanterre - CNRS - Centre National de la Recherche Scientifique)

Abstract

The Ricardian dynamics study the evolution of distribution when demand increases. The successive marginal methods in agriculture are determined by means of a rule which has never been stated explicitly by Ricardo's commentators. But the rule also allows us to point at two limits of Ricardo's construction, first in his attempt to get rid of rent in the analysis of distribution, second in the working of the dynamics themselves. Similarly, the identification of a productivity and a profitability criterion is at the basis of Sraffa's mistake in his reconstruction of the theory of rent, whereas post-Sraffian formalizations have abandoned Ricardo's dynamic approach.

Suggested Citation

  • Christian Bidard, 2012. "The Frail Grounds of the Ricardian Dynamics," Working Papers hal-04141039, HAL.
    • Handle: RePEc:hal:wpaper:hal-04141039
    Note: View the original document on HAL open archive server: https://hal.science/hal-04141039
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    References listed on IDEAS

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    1. Christian Bidard, 2010. "The dynamics of intensive cultivation," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 34(6), pages 1097-1104.
    2. Steedman, Ian, 1976. "Positive Profits with Negative Surplus Value: A Reply to Wolfstetter," Economic Journal, Royal Economic Society, vol. 86(344), pages 873-876, December.
    3. C. E. Lemke, 1965. "Bimatrix Equilibrium Points and Mathematical Programming," Management Science, INFORMS, vol. 11(7), pages 681-689, May.
    4. Steedman, Ian, 1976. "Positive Profits with Negative Surplus Value: A Reply," Economic Journal, Royal Economic Society, vol. 86(343), pages 604-608, September.
    5. Salvadori, Neri, 1986. "Land and Choice of Techniques within the Sraffa Framework," Australian Economic Papers, Wiley Blackwell, vol. 25(46), pages 94-105, June.
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    Cited by:

    1. Christian Bidard, 2012. "Ricardo And Lemke," Working Papers hal-04141029, HAL.
    2. Christian Bidard, 2012. "The Ricardo-Lemke parametric algorithm on oddity and uniqueness," Working Papers hal-04141043, HAL.

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