Edward West and the Classical Theory of Distribution and Growth
Bibliographic Data
| ID | 9725382 |
|---|---|
| Authors | Anthony Brewer (corresponding author) |
| Year | 1988 |
| Volume | 55 |
| Issue | 220 |
| Pages | 505 |
| Publication date | 1988-11-01 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Economica (JOURNAL) |
| Journal identifiers | ISSN: 0013-0427 • E-ISSN: 1468-0335 |
| Publisher | JSTOR (PUBLISHER) |
| DOI | 10.2307/2553912 |
| OpenAlex | W1972386649 |
| Language | EN |
| Citations received | 4 |
| References cited | 5 |
Edward West's Essay on the Application of Capital to Land is rightly famous for its treatment of diminishing returns and rent. It is not generally recognized that West also set out a model of dynamic equilibrium between the growth of population and capital, and of the simultaneous determination of wage and profit rates. Such a model has been attributed to David Ricardo, but West, unlike Ricardo, stated it explicitly, and did so before any of Ricardo's writings on distribution and accumulation had been published. He should be given credit for it. Copyright 1988 by The London School of Economics and Political Science
Distribution (mathematics) · Econometrics · Economics · Mathematical analysis · Mathematical economics · Economic Theory and Institutions · Economic Theory and Policy · Mathematics · Political Economy and Marxism
| Citations per year | 0.11 |
|---|---|
| Citation span | 1991 - 2015 (25) |
| Highly cited | No |