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dc.contributor.author
Brondino, Gabriel  
dc.contributor.author
Lazzarini, Andrés Lucas Rodrigo  
dc.date.available
2019-04-03T15:26:31Z  
dc.date.issued
2017-12  
dc.identifier.citation
Brondino, Gabriel; Lazzarini, Andrés Lucas Rodrigo; Sraffa’s 1920s Critique and its Relevance for the Assessment of Mainstream Microeconomics; Emerald Publishing; Research in the History of Economic Thought and Methodology; 35; 2; 12-2017; 131-151  
dc.identifier.issn
0743-4154  
dc.identifier.uri
http://hdl.handle.net/11336/73039  
dc.description.abstract
The present essay re-examines the scope of Sraffa's critique of Marshall'ssupply curves that the former developed in his 1925 and 1926 articles showingthat neoclassical supply curves derived from non-proportional returns arenot robust both in the short and in the long run. After examining what ashort-run and a long-run equilibrium means both for the original Sraffa's articles and for Marshall?s pioneer contribution, the chapter discusses thecommon procedure in conventional economics to introduce the limitations tothe growth of the firm. The argument of the chapter will be based on the1920s articles as well as on the 'Lectures on Advanced Theory of Value' delivered in 19281931 by Sraffa at Cambridge University, now publiclyavailable online by the Wren library, Trinity College, Cambridge. For shortrunanalysis, it must be assumed that the number of firms is fixed. Thisassumption entails serious problems with regards to the notions of competitionand competitive behaviour. For long-run analysis, the sources of increasingcosts are problems of management and control. However, this idea isuntenable both on logical and empirical grounds. We argue that contemporarymainstream microeconomic treatment of costs and supply in the contextof perfect competition still presents several problems. These problems, rather than being superficial, lie at the root of the supply and demand approach ofvalue and distribution.  
dc.format
application/pdf  
dc.language.iso
eng  
dc.publisher
Emerald Publishing  
dc.rights
info:eu-repo/semantics/openAccess  
dc.rights.uri
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/  
dc.subject
Sraffa  
dc.subject
Marshall  
dc.subject
Supply Curves  
dc.subject
Returns  
dc.subject.classification
Economía, Econometría  
dc.subject.classification
Economía y Negocios  
dc.subject.classification
CIENCIAS SOCIALES  
dc.title
Sraffa’s 1920s Critique and its Relevance for the Assessment of Mainstream Microeconomics  
dc.type
info:eu-repo/semantics/article  
dc.type
info:ar-repo/semantics/artículo  
dc.type
info:eu-repo/semantics/publishedVersion  
dc.date.updated
2019-04-03T13:13:13Z  
dc.journal.volume
35  
dc.journal.number
2  
dc.journal.pagination
131-151  
dc.journal.pais
Estados Unidos  
dc.description.fil
Fil: Brondino, Gabriel. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Nacional del Litoral; Argentina  
dc.description.fil
Fil: Lazzarini, Andrés Lucas Rodrigo. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. Universidad Nacional de San Martín; Argentina  
dc.journal.title
Research in the History of Economic Thought and Methodology  
dc.relation.alternativeid
info:eu-repo/semantics/altIdentifier/url/https://www.emeraldinsight.com/doi/10.1108/S0743-41542017000035B006  
dc.relation.alternativeid
info:eu-repo/semantics/altIdentifier/doi/https://dx.doi.org/10.1108/S0743-41542017000035B006