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Basics, Non-Basics and Joint Production

Authors: Steedman, Ian;

Basics, Non-Basics and Joint Production

Abstract

The distinction between basic and non-basic commodities plays a central role in the analysis presented by Sraffa in his Production of Commodities by Means of Commodities (1960). Thus, the conditions of production of basics are said to play an essential part in the determination of prices and the rate of profit, while those of non-basics do not; it follows, in turn, that the effects of taxes and of changes in methods of production are said to depend on whether they relate to basic or to non-basic commodities (see, for example, ibid., sections 6 and 65). It may therefore be of interest to examine rather closely the general formulation of the distinction between basics and non-basics which Sraffa presents in the course of his discussion of joint production.

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
7
Average
Top 10%
Average
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