Geschichte der großen amerikanischen Vermögen: Geschichte der großen amerikanischen Vermögen

Study week on the econometric approach to development planning

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Multivolume work

Identifikator:: 1895264332

Document type:: Multivolume work

Author:: Myers, Gustavus

Title:: Geschichte der großen amerikanischen Vermögen

Place of publication:: Berlin

Publisher:: Fischer

Year of publication:: 1916 -

Collection:: Economics Books

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Volume

Identifikator:: 1895265185

URN:: urn:nbn:de:zbw-retromon-241581

Document type:: Volume

Author:: Myers, Gustavus http://d-nb.info/gnd/10190651X

Title:: Geschichte der großen amerikanischen Vermögen

Volume count:: Bd. 2

Place of publication:: Berlin

Publisher:: Fischer

Year of publication:: 1916

Scope:: S. [415] - 800

Digitisation:: 2022

Collection:: Economics Books

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Document type:: Multivolume work

Structure type:: Chapter

Title:: Erstes Kapitel. Eine Einschaltung über Sage

Collection:: Economics Books

SEMAINE D'ETUDE SUR LE ROLE DE L’'ANALYSE ECONOMETRIQUE ET. lutions of (II.13) is therefore exactly the same as that wn:ch has been found already for (II.g), namely "I.10) ~n- ‘he solutions for prices (relative prices) come out as- Ir. As the reader can see, the last (# - 1) prices are still of the simple type of the previous section. However, this is only decause of the simplifying assumption that capital goods re- quire no capital goods to be produced. The formulation for the (7 — I) prices of consumption goods are more general and more interesting. Each price is expressed as a sum of two :lements: the prime cost (a,, = quantity of labour required to produce a unit of commodity) and the gross profit mark-up (=; + a which in turn is composed of the rate of profit in sector i (7;), and of the depreciation allowance (1/T;), both of them being proportional to the capital intensity of the pro- ductive process (a,;, = quantity of labour required to produce one unit of productive capacity). Already at this stage, a pure labour theory of value is no longer valid. The only case in which it still stands becomes a very peculiar one: the case in which either the rate of profit ‘101 Pasinetti - pag. 2;

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