Abstract
In this essay the analysis of fixed capital in terms of joint production, as proposed by Sraffa and extensively developed by him in the case of ‘constant efficiency’ of machines, will be formalised for the more general case in which the pattern of varying efficiency of machines is not definable in physical terms.
Originally published as ‘Il capitale fisso nello schema teorico di Piero Sraffa’, Studi economici, xxix, no. 1 (1974) 45–106, here translated with slight modifications by the author.
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© 1980 Luigi L. Pasinetti
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Baldone, S. (1980). Fixed Capital in Sraffa’s Theoretical Scheme. In: Pasinetti, L.L. (eds) Essays on the Theory of Joint Production. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-05201-1_6
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DOI: https://doi.org/10.1007/978-1-349-05201-1_6
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