First, the paper clarifies the contextual reasons for a return to the concept of rent and justifies its relevance when applied to quality and territory. Second, it proposes a framework of theoretical reinterpretation along the two major lines of the rent theory - the Ricardian one, then the ...
RS Aiyagari - 《Journal of Economic Theory》 被引量: 37发表: 1992年 Ricardian Equivalence Theorem The Ricardian Equivalence Theorem is the proposition that the method of financing any particular path of government expenditure is irrelevant. More precisely, the choice between levying lump-sum taxes ...
1) Theory of rent 2) Theory of wages 3) Theory of interest 4) Theory of profits. Source: Harvard University Archives. Syllabi, course outlines and reading lists in Economics, 1895-2003. Box 8, Folder “Economics, 1963-1964”. Image Source: Boston College Association of Retired Faculty. Bul...
This is the underlying paradigm of Ricardian rent theory where the supply of land is fixed and a single good is produced. In such a case the rent ... N French,G Wiseman - 《Journal of Property Investment & Finance》 被引量: 20发表: 2003年 Rents And the Cost and Optimal Design of Co...
Ricardo's contribution to trade theory is commonly identified with the single-factor model that bears his name. But Ricardo's contribution to the theory of rent is also fundamental to the currently active literature on the political economy of trade policy. The multi-factor model often employed ...
production. Ricardo thought that high or low wages and profits were the cause of high or low prices, while high or low rents were the effect of these prices. Critics of Ricardian theory, such as HenryGeorge, argued that monopolistic control of rent was the cause of poverty, which could ...
of all the remnants of the old productivity analysis inherited from Bohm-Bawerk. The chapter reviews classical Ricardian theory of rent, with Marshallian limited revision, and continues with Fetter’s criticisms of both Marshall and Ricardo and his positive theory of rent. This theory abolishes the...
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Thomas Malthus contributed the beginnings of the differential theory of rent, endeavoring to show that rent will not arise until land of inferior quality is taken under cultivation. David‘Ricardo fully developed the theory of rent which is named Ricardian: rent is a surplus in the form of a ...
The Canadian Journal of Economics and Political ence / Revue canadienne d\"Economique et de ence politiqueDavidson, P. 1959. `A clarification of the Ricardian rent share', Canadian Journal of Economics and Political Science, 25 (2), May, pp. 190-5....