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Valeur, prix de (re)production et développement économique

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  • Jean-Marie Harribey

    (Groupe d'Economie du Développement Université Montesquieu Bordeaux IV)

Abstract

This paper has two aims. Firstly, it has a pedagogical object : it talks about the theoretical controversies about value, relation between value, accumulation of capital and economic development. The Solow's model of growth, its criticism from Cambridge and the expression of production prices, are by turns reexamined. Since the production of commodities can be reduced to a succession of works placed at intervals during the time, Marx has demonstrated that the capitalism can be developped if the work force is exploited and if the surplus of value is invested by the capitalists. Secondly, this paper tries to replace analysis of development in a more large vision of social relations and of their reproduction. By starting from a theory of value which is a theory of social relations and not a microeconomic theory of prices, we arrive to a criticism of accumulation, particularly necessary in the present period of financial accumulation. So, we find again the approach of sustainability of development that we have presented in fore papers.(Full text in French)

Suggested Citation

  • Jean-Marie Harribey, 2001. "Valeur, prix de (re)production et développement économique," Documents de travail 58, Groupe d'Economie du Développement de l'Université Montesquieu Bordeaux IV.
    • Handle: RePEc:mon:ceddtr:58
    as

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    References listed on IDEAS

    as
    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
    2. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    3. Joan Robinson, 1953. "The Production Function and the Theory of Capital," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 21(2), pages 81-106.
    4. Jacob Mincer, 1958. "Investment in Human Capital and Personal Income Distribution," Journal of Political Economy, University of Chicago Press, vol. 66(4), pages 281-281.
    5. Paul A. Samuelson, 1962. "Parable and Realism in Capital Theory: The Surrogate Production Function," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 29(3), pages 193-206.
    6. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
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    More about this item

    JEL classification:

    • P1 - Political Economy and Comparative Economic Systems - - Capitalist Economies
    • E11 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Marxian; Sraffian; Kaleckian
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • D46 - Microeconomics - - Market Structure, Pricing, and Design - - - Value Theory

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