POLEMIKA O VZTAHU NEOKLASICKÉ PRODUKČNÍ FUNKCE A TEORIE ROZDĚLOVÁNÍ

• Authors: Nedomlelová Iva , Kocourek Aleš

Title variants

EN

Polemic on relationship between the neoclassical production function and the theory of distribution

• Languages of publication: CS

Abstracts

EN

The neoclassical production function stands for a corner-stone of majority of neoclassical schools of macroeconomics. Its history has been bound with such well-known names as A. Marshall, K. Wicksell, C. Cobb, P. Douglas, P. Samuelson, R. Solow, etc. On the other hand, the neoclassical concept of production function has also faced some criticism during the second half of the 20th century coming especially from Europe (J. Robinson, P. Sraffa, L. Pasinetti, P. Sylos Labini, etc.). No matter how rigorous and robust their reproaches were, their critical opinions have never been really reflected in the mainstream economics. The article reopens the debate on validity of presumptions of the neoclassical concept of production function and theory of distribution. Its authors bring objective and unbiased view of the centennial history of various production functions, they show their relations to theories of distribution, and by doing so they hope to attract attention of contemporary economists to the old and yet unsettled issues.

Keywords

EN

CAPITAL; COBB-DOUGLAS PRODUCTION FUNCTION; LABOR; MACROECONOMICS; NEOCLASSICAL ECONOMICS; THEORY OF DISTRIBUTION

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Institute of Slovak and World Economics and Institute for Forecasting, Slovak Academy of Sciences
• Journal: Ekonomický časopis (Journal of Economics)
• Year: 2010
• Volume: 58
• Issue: 5
• Pages: 492-511
• Document type: ARTICLE

Contributors

author

Nedomlelová Iva

• Technická univerzita v Liberci, Ekonomická fakulta, Studentská 2, 461 17 Liberec, Czech Republic

author

Kocourek Aleš

• Iva Nedomlelova, Technicka univerzita v Liberci, Ekonomicka fakulta, Katedra ekonomie, Studentska 2, 461 17 Liberec, Czech Republic

Identifiers

CEJSH db identifier

11SKAAAA100922