A Modern Treatment of the Ricardian Economy: I. The Pricing of Goods and of Labor and Land Services

1 February 1959

journal article
Published by Oxford University Press (OUP) in The Quarterly Journal of Economics

Vol. 73 (1) , 1-35
https://doi.org/10.2307/1883824

Abstract

Introduction, 1. — In the beginning, 3. — The expanding universe, 5. — Scarcity of land and positive rent, 7. — Residual rent to homogeneous land, 9. — A numerical example, 10. — The case of many goods and homogeneous land, 12. — The Leontief-Ricardo tableau, 15. — Non-substitutability even where substitutability is possible, 16. — Summary and Conclusion, 18. — Appendix: Theory of differential rent, 20.

Keywords

TREATMENT
LABOR
PRICING
DIFFERENTIAL
INTRODUCTION
ECONOMY
SUMMARY
APPENDIX
RICARDIAN
EXPANDING

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