A comment to Fratini's “Rent as a share of product and Sraffa’s price equations”

Yoann Verger (1)

1 INRA - Institut National de la Recherche Agronomique

Abstract This comment from Fratini's article “Rent as a share of product and Sraffa's price equations” corrects Fratini's demonstration that rent as a share of the product and rate of profits could both increase at the same time. By doing so, this comment underlines the specificity of Sraffa's theory of value, and especially the need to only analyze systems of production where exchanges are needed to reproduce the system.

Mots clés: Sraffa; rent; rate of profits; self-reproducing process; theory of value

Domaines: Economies et finances

Yoann Verger. A comment to Fratini's “Rent as a share of product and Sraffa’s price equations”. 2016. ⟨hal-01415471⟩