Robert Torrens and the Ricardian Model of Dynamic Equilibrium Growth
Robert Torrens and the Ricardian Model of Dynamic Equilibrium Growth
复制标题
罗伯特·托伦斯和李嘉图动态平衡增长模型
DOI：
10.1080/09672567.2018.1425467
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发表时间：
2018
期刊：
影响因子：
--
通讯作者：
Taro Hisamatsu
中科院分区：
文献类型：
--
作者：
Tsuyoshi Aadachi;田淵太一・久松太郎;Taro Hisamatsu
本文以三个工资概念为基础，重构了托伦斯的动态分配理论。在经济增长的早期阶段，资本增长快于人口增长，因此实际工资高于最低工资。此后，经济增长的趋势是人口增长快于资本增长，同时将实际工资限制在递减的最大值以下，直到经济进入平稳状态，实际工资和利润率降至最低。这种理论被一些学者认为是李嘉图提出的，但托伦斯提出了一个比李嘉图更充分发展的解释。
This paper reconstructs Torrens's dynamic theory of distribution which is based on three notions of wages. In the early stages of growth, capital increases faster than population, so the actual wage rises above the minimum. Thereafter, the economy grows with a tendency for the population to increase faster than the capital while limiting the actual wage below the decreasing maximum until it enters a stationary state and the actual wage and profit rates are reduced to their minimum. Such a theory has been attributed to Ricardo by some scholars, but Torrens proposed a more fully developed account than Ricardo's.