Durable Capital Inputs: Conditions for Price Ratios to be Invariant to Profit-Rate Changes. A Comment on Professor Samuelson

In this note we intend to prove that the uniform capital intensity assumption is a general condition for relative prices to be invariant both in models with circulating capital only and in fixed capital models irrespective of machine-depreciation schedules.

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Year of publication:	1983
Authors:	Baldone, Salvatore
Publisher:	Bologna : Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE)

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Series:	Quaderni - Working Paper DSE ; 1
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	10.6092/unibo/amsacta/5311 [DOI] 1005144818 [GVK] hdl:10419/158845 [Handle] RePEc:bol:bodewp:1 [RePEc]
Source:	EconStor

Persistent link: https://www.econbiz.de/10011650871