TY - JOUR
TI - Euler's Theorem and the Problem of Distribution
T2 - Economic Journal
IS - 175
KW - adding-up
KW - factor of production
KW - marginal product
KW - production
AB - It is characteristic of the development of the economic theory that
proposition which appears very simple when we have arrived at them
should be first sighted through a haze of ambiguities and approached
only by a labyrinth of devious controversy. On this curious process
the history of the famous "adding-up problem" provides a strikimg
examples. As soon as it began to be asserted that factors of
production are paid in accordance with their marginal products, the
problem was posed: How do we know that, if each factor is paid its
marginal product, the total products is disposed of with out residue,
positive or negative? Of course it is obvious that in any case the
total products is distributed among the factors of production.
AU - Robinson, Joan
UR - http://ecsocman.hse.ru/text/18761449/
PY - 1934
SP - 398-414
M2 - 398
VL - 44
SN -
N1 -
LA - EN
CY -
PB -
M3 -
LB -
VL -
ER -