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Ensayos sobre POLÍTICA ECONÓMICA

Print version ISSN 0120-4483

Abstract

BOLANOS, Eduardo  and  TOBON, Alexander. Equilibrium and disequilibrium in the theory of prices of reproduction. Ens. polit. econ. [online]. 2009, vol.27, n.60, pp.216-247. ISSN 0120-4483.

The aim of this paper is to present the classic theory of prices of reproduction with the purpose of establishing the reach of its content with respect to the traditional classic theory. We adopted as our starting point Bidard and Klimovsky (2006), whose main purpose is generalize the classic theory of the prices of production. We show that, even if the model suggested can rigorously represent equilibrium and disequilibrium situations under relatively acceptable assumptions, this model can not explain the economic dynamic in a satisfactory manner.

Keywords : relative prices; profit; accumulation of capital; reproduction of capital; classical disequilibrium.

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