Tag Archives: Publications from Me

I have another working paper, Visualizing variations in the analysis of the choice of technique, at the Centro Sraffa. The abstract follows. Abstract: This article describes a diagram that depicts how the analysis of the choice technique varies with perturbations of selected parameters in models of the production of commodities. Fluke switch points partition the graph. Three examples are provided, of circulating capital with markup pricing, of fixed capital with structural economic...

My article with the post title is now available at the Bulletin of Political Economy (Volume 16, issue 2, pp. 133-146). The abstract follows: Abstract: This article presents an example of the reswitching of the order of fertility and of the order of rentability. Whether or not these orders differ from one another varies with distribution for certain parameter ranges in the example. This analysis emphasizes that more rent per acre is not necessarily associated with more fertile land and...

My article with the post title is now available at the Review of Political Economy. The abstract follows: Abstract: This article examines a model of long-period positions with markup pricing. The variation in certain characteristics of the wage frontier with perturbations of relative markups is illustrated. This analysis provides a demonstration of the emergence of the reswitching of techniques and of capital reversing, for example, in non-competitive markets.

I have a working paper at the Centro Sraffa. Abstract: This article considers structural economic dynamics, in models with fixed capital and a choice of technique, of the production of commodities. Fluke switch points are described and cataloged. For fluke switch points, parameter perturbations create a qualitative change in how the choice of technique varies with distribution. Techniques are presented for visualizing partitions of parameter spaces such that the analysis of the choice of...

I am being published in Structural Change and Economic Dynamics. Currently, this link is without my corrections to proofs, I guess. Research highlights: Technical progress and variations in industry markups can change characteristics of the labor markets. A numeric example illustrates the theory of the choice of technique. In the example, switch points are created and destroyed with varying coefficients of production and varying markups. Around some switch points, higher wages are...

My article with the post title is now available at the Review of Behavioral Economics. The abstract follows: Abstract: The choice of technique can be analyzed, in a circulating-capital model of prices of production, by constructing the wage frontier. Switch points arise when more than one technique is cost-minimizing for a specified rate of profits. This article defines four normal forms for variations in the number and sequence of switch points with a perturbation of, for example, a...