| 000 | 02625nam a2200385 i 4500 | ||
|---|---|---|---|
| 001 | CR9781316160893 | ||
| 003 | UkCbUP | ||
| 005 | 20240909190352.0 | ||
| 006 | m|||||o||d|||||||| | ||
| 007 | cr|||||||||||| | ||
| 008 | 140801s2015||||enk o ||1 0|eng|d | ||
| 020 | _a9781316160893 (ebook) | ||
| 020 | _z9781107097797 (hardback) | ||
| 020 | _z9781107483835 (paperback) | ||
| 040 |
_aUkCbUP _beng _erda _cUkCbUP |
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| 050 | 0 | 0 |
_aHB241 _b.O66 2015 |
| 082 | 0 | 0 |
_a338.5 _223 |
| 100 | 1 |
_aOpocher, Arrigo, _eauthor. |
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| 245 | 1 | 0 |
_aFull industry equilibrium : _ba theory of the industrial long run / _cArrigo Opocher and Ian Steedman. |
| 264 | 1 |
_aCambridge : _bCambridge University Press, _c2015. |
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| 300 |
_a1 online resource (xvi, 215 pages) : _bdigital, PDF file(s). |
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| 336 |
_atext _btxt _2rdacontent |
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| 337 |
_acomputer _bc _2rdamedia |
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| 338 |
_aonline resource _bcr _2rdacarrier |
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| 500 | _aTitle from publisher's bibliographic system (viewed on 05 Oct 2015). | ||
| 505 | 0 | _aIntroduction -- 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. | |
| 520 | _aThis 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. | ||
| 650 | 0 | _aProduction (Economic theory) | |
| 650 | 0 | _aMicroeconomics. | |
| 650 | 0 | _aManagerial economics. | |
| 700 | 1 |
_aSteedman, Ian, _eauthor. |
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| 776 | 0 | 8 |
_iPrint version: _z9781107097797 |
| 856 | 4 | 0 | _uhttps://doi.org/10.1017/CBO9781316160893 |
| 942 |
_2ddc _cEB |
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| 999 |
_c9301 _d9301 |
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