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Production, Distribution, and Environmental Quality: Mr. Sraffa Reinterpreted as an Ecologist
Author(s) -
England Richard W.
Publication year - 1986
Publication title -
kyklos
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.766
H-Index - 58
eISSN - 1467-6435
pISSN - 0023-5962
DOI - 10.1111/j.1467-6435.1986.tb00769.x
Subject(s) - economics , frontier , profit (economics) , wage , environmental quality , neoclassical economics , production (economics) , distribution (mathematics) , quality (philosophy) , microeconomics , natural resource economics , ecology , market economy , geography , philosophy , mathematics , mathematical analysis , archaeology , epistemology , biology
SUMMARY This note demonstrates that PIERO SRAFFA'S wage‐profit frontier can be generalized to take into account the real costs of protecting the environment from waste residuals. As such, it is an exercise in theoretical synthesis which draws upon elements of neo‐Ricardian theory and environmental economics.