Variable Wage and the Switching of Techniques : A Wicksellian Approach to Ricardo's Machinery Chapter
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概要
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Following Wicksell (1934), this paper reformulates Ricardo's (1951, ch.31) argument on the effects of the mechanization on workers. As a result, it is shown that, in the short run, the advanced wage can continue to be below its initial value when the new technology with the machine is introduced, while, in the long run, it can continue to exceed the initial value. Thus Ricardo's argument can hold: An introduction of new technology with the machinery is injurious to workers in the short run, but beneficial in the long run.
- 札幌大学の論文
- 2006-03-31
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関連論文
- 根岸 隆著, 『経済学史24の謎』, 有斐閣, 2004年10月発行, 2100円
- Variable Wage and the Switching of Techniques : A Wicksellian Approach to Ricardo's Machinery Chapter