Full industry equilibrium: a theory of the industrial long run
This highly original book develops a systematic zero-net-profit comparative statics theory of the firm that challenges many widely held views in microeconomics. It builds a bridge between the marginalist long-run theory of the firm and Sraffian theory to create a unified theoretical framework that e...
Gespeichert in:
| Beteilige Person: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Cambridge
Cambridge University Press
2015
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| Schlagwörter: | |
| Links: | https://doi.org/10.1017/CBO9781316160893 https://doi.org/10.1017/CBO9781316160893 https://doi.org/10.1017/CBO9781316160893 |
| Zusammenfassung: | This highly original book develops a systematic zero-net-profit comparative statics theory of the firm that challenges many widely held views in microeconomics. It builds a bridge between the marginalist long-run theory of the firm and Sraffian theory to create a unified theoretical framework that explains how firms react to exogenous shocks resulting in new equilibrium positions of the whole economy. The central message of the book is that too often economists expect more from the microeconomic laws of input demand and output supply than they can really give. The authors show that the zero-net-profit condition requires a more articulated analysis that sometimes yields qualitative results contrary to those of familiar economic laws. Written for academic researchers and graduate students, the book will be of particular interest to those working on the microeconomics of industry equilibrium, comparative statics and Sraffian economics |
| Beschreibung: | Title from publisher's bibliographic system (viewed on 05 Oct 2015) |
| Umfang: | 1 online resource (xvi, 215 pages) |
| ISBN: | 9781316160893 |
| DOI: | 10.1017/CBO9781316160893 |
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| 520 | |a This highly original book develops a systematic zero-net-profit comparative statics theory of the firm that challenges many widely held views in microeconomics. It builds a bridge between the marginalist long-run theory of the firm and Sraffian theory to create a unified theoretical framework that explains how firms react to exogenous shocks resulting in new equilibrium positions of the whole economy. The central message of the book is that too often economists expect more from the microeconomic laws of input demand and output supply than they can really give. The authors show that the zero-net-profit condition requires a more articulated analysis that sometimes yields qualitative results contrary to those of familiar economic laws. Written for academic researchers and graduate students, the book will be of particular interest to those working on the microeconomics of industry equilibrium, comparative statics and Sraffian economics | ||
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Datensatz im Suchindex
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| any_adam_object | |
| author | Opocher, Arrigo |
| author_facet | Opocher, Arrigo |
| author_role | aut |
| author_sort | Opocher, Arrigo |
| author_variant | a o ao |
| building | Verbundindex |
| bvnumber | BV043695199 |
| classification_rvk | QC 130 |
| collection | ZDB-20-CBO |
| contents | Introduction -- 1. Taking seriously the tendency to zero net profits -- 2. An isolated industry -- 3. Multiproduct firm -- 4. Interdependent industries -- 5. Industry-level input use. Some aftershocks from capital theory -- 6. The 'autonomous' components of input prices -- 7. The effects of taxation -- 8. Productivity increase -- 9. Full industry equilibrium in retrospect -- 10. Conclusion |
| ctrlnum | (ZDB-20-CBO)CR9781316160893 (OCoLC)930540879 (DE-599)BVBBV043695199 |
| dewey-full | 338.5 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 338 - Production |
| dewey-raw | 338.5 |
| dewey-search | 338.5 |
| dewey-sort | 3338.5 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| doi_str_mv | 10.1017/CBO9781316160893 |
| format | Electronic eBook |
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| id | DE-604.BV043695199 |
| illustrated | Not Illustrated |
| indexdate | 2024-12-20T17:42:50Z |
| institution | BVB |
| isbn | 9781316160893 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-029107769 |
| oclc_num | 930540879 |
| open_access_boolean | |
| owner | DE-473 DE-BY-UBG DE-12 |
| owner_facet | DE-473 DE-BY-UBG DE-12 |
| physical | 1 online resource (xvi, 215 pages) |
| psigel | ZDB-20-CBO ZDB-20-CBO BSB_PDA_CBO ZDB-20-CBO UBG_PDA_CBO |
| publishDate | 2015 |
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| publisher | Cambridge University Press |
| record_format | marc |
| spelling | Opocher, Arrigo Verfasser aut Full industry equilibrium a theory of the industrial long run Arrigo Opocher and Ian Steedman Cambridge Cambridge University Press 2015 1 online resource (xvi, 215 pages) txt rdacontent c rdamedia cr rdacarrier Title from publisher's bibliographic system (viewed on 05 Oct 2015) Introduction -- 1. Taking seriously the tendency to zero net profits -- 2. An isolated industry -- 3. Multiproduct firm -- 4. Interdependent industries -- 5. Industry-level input use. Some aftershocks from capital theory -- 6. The 'autonomous' components of input prices -- 7. The effects of taxation -- 8. Productivity increase -- 9. Full industry equilibrium in retrospect -- 10. Conclusion This highly original book develops a systematic zero-net-profit comparative statics theory of the firm that challenges many widely held views in microeconomics. It builds a bridge between the marginalist long-run theory of the firm and Sraffian theory to create a unified theoretical framework that explains how firms react to exogenous shocks resulting in new equilibrium positions of the whole economy. The central message of the book is that too often economists expect more from the microeconomic laws of input demand and output supply than they can really give. The authors show that the zero-net-profit condition requires a more articulated analysis that sometimes yields qualitative results contrary to those of familiar economic laws. Written for academic researchers and graduate students, the book will be of particular interest to those working on the microeconomics of industry equilibrium, comparative statics and Sraffian economics Production (Economic theory) Microeconomics Managerial economics Langfristige Analyse (DE-588)4200335-0 gnd rswk-swf Mikroökonomie (DE-588)4039225-9 gnd rswk-swf Gleichgewichtstheorie (DE-588)4071876-1 gnd rswk-swf Industrieökonomie (DE-588)4133311-1 gnd rswk-swf Mikroökonomie (DE-588)4039225-9 s Gleichgewichtstheorie (DE-588)4071876-1 s Industrieökonomie (DE-588)4133311-1 s Langfristige Analyse (DE-588)4200335-0 s 1\p DE-604 Steedman, Ian Sonstige oth Erscheint auch als Druckausgabe 978-1-107-09779-7 Erscheint auch als Druckausgabe 978-1-107-48383-5 https://doi.org/10.1017/CBO9781316160893 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Opocher, Arrigo Full industry equilibrium a theory of the industrial long run Introduction -- 1. Taking seriously the tendency to zero net profits -- 2. An isolated industry -- 3. Multiproduct firm -- 4. Interdependent industries -- 5. Industry-level input use. Some aftershocks from capital theory -- 6. The 'autonomous' components of input prices -- 7. The effects of taxation -- 8. Productivity increase -- 9. Full industry equilibrium in retrospect -- 10. Conclusion Production (Economic theory) Microeconomics Managerial economics Langfristige Analyse (DE-588)4200335-0 gnd Mikroökonomie (DE-588)4039225-9 gnd Gleichgewichtstheorie (DE-588)4071876-1 gnd Industrieökonomie (DE-588)4133311-1 gnd |
| subject_GND | (DE-588)4200335-0 (DE-588)4039225-9 (DE-588)4071876-1 (DE-588)4133311-1 |
| title | Full industry equilibrium a theory of the industrial long run |
| title_auth | Full industry equilibrium a theory of the industrial long run |
| title_exact_search | Full industry equilibrium a theory of the industrial long run |
| title_full | Full industry equilibrium a theory of the industrial long run Arrigo Opocher and Ian Steedman |
| title_fullStr | Full industry equilibrium a theory of the industrial long run Arrigo Opocher and Ian Steedman |
| title_full_unstemmed | Full industry equilibrium a theory of the industrial long run Arrigo Opocher and Ian Steedman |
| title_short | Full industry equilibrium |
| title_sort | full industry equilibrium a theory of the industrial long run |
| title_sub | a theory of the industrial long run |
| topic | Production (Economic theory) Microeconomics Managerial economics Langfristige Analyse (DE-588)4200335-0 gnd Mikroökonomie (DE-588)4039225-9 gnd Gleichgewichtstheorie (DE-588)4071876-1 gnd Industrieökonomie (DE-588)4133311-1 gnd |
| topic_facet | Production (Economic theory) Microeconomics Managerial economics Langfristige Analyse Mikroökonomie Gleichgewichtstheorie Industrieökonomie |
| url | https://doi.org/10.1017/CBO9781316160893 |
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