Book cover for Research in Political Economy
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Research in Political Economy
Research in Political Economy
Author and Other Information
Emerald Group Publishing Limited
Volume
29
DOI:
https://doi.org/10.1108/S0161-7230201429
ISBN electronic:
978-1-78441-006-3
ISBN print:
978-1-78441-007-0
Series ISSN:
0161-7230
Publication date:
2014
Book Chapter

Comments on Scott Carter

By
Robert M. Solow
Robert M. Solow
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Author and Other Information
Robert M. Solow
© 2014 Emerald Group Publishing Limited
2014
Emerald Group Publishing Limited
Doi:
https://doi.org/10.1108/S0161-723020140000029000
  • Published:
    2014
© 2014 Emerald Group Publishing Limited
2014
Emerald Group Publishing Limited

Abstract

Sraffian's concept or metaphor of a “pool profits” is theoretically pointless and empirically irrelevant. The appropriate calculation is the variation of the equilibrium price vector along the factor price frontier.

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