rdf-syntax-grammar
mods:
  schema location: http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-2.xsd
  title info:
    title: Capital intensity and the real wage
    sub title: a critical evaluation of Hayek's Ricardo Effect
  name:
    name part: Falconer, Robert Thomas.
    role:
      role term: creator
  name:
    name part: Chalk, Alfred F.
    role:
      role term: degree committee member.
  name:
    name part: Ferguson, C. E.
    role:
      role term: degree supervisor.
  name:
    name part: Gates, Charles E.
    role:
      role term: degree committee member.
  name:
    name part: Texas A & M University
    role:
      role term: degree granting institution.
  type of resource: text
  genre: theses
  genre: Academic theses.
  origin info:
    place:
      place term: txu
    date issued: 1971
    issuance: monographic
  language:
    language term: eng
  physical description:
    form: print
    extent: 129 leaves
  abstract: As any topic in capital theory, the Ricardo Effect has remained controversial and misunderstood. The object of this thesis is a clear exposition and concise criticism of the Ricardo Effect. The scope of the thesis is limited primarily to a theoretical discussion, although relevant empirical studies are reviewed. The thesis is divided into four major parts. The first part provides the general background necessary for understanding the development of the Ricardo Effect. The traditional Austrian theory of capital, as developed by Böhm-Bawerk and Wicksell, is examines with emphasis upon the critical assumptions and conclusions of their analysis. This background provides the overall framework upon which this thesis is based. The work of Hayek is then interpreted as an attempt to extend and modify the traditional Austrian model. Hayek specifically rejected the concepts of circulating capital and the average period of production. He also relaxed the traditional assumption of a stationary state, and dealt with a changing economy. The Ricardo Effect is introduced by Hayek in order to obtain the neoclassical proposition, which was the central result of traditional Austrian capital theory. ...
  note: Ph. D. in Economics Texas A & M University
  subject:
    topic: Major economics
  identifier: http://proxy.library.tamu.edu/login
  identifier: https://hdl.handle.net/1969.1/DISSERTATIONS-171005
  related item:
    location:
      url: http://proxy.library.tamu.edu/login
  related item:
    location:
      url: https://hdl.handle.net/1969.1/DISSERTATIONS-171005
  record info:
    record content source: TXA
    record creation date: 791113
    record change date: 20220103135229.0
    record identifier: in00000152018
    language of cataloging:
      language term: eng