Abstract
Ricardo believed that the solution to the problem of relative shares was the principal desideratum in economics;1 yet, he clearly developed only the antipodal movements of the wage and profit shares in the product-after-rent.2 He was much less explicit about the proportional distribution of total output between rent, on the one hand, and wages plus profits, on the other.
Canadian Journal of Economics and Political Science, XXV (2), May 1959. The author is grateful to David Horlacher for several helpful comments.
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References
Cannan, E. (1967) 1st pub. 1924) History of the Theories of Production and Distribution, (New York: A. M. Kelly).
Carlson, S. (1956) Pure Theory of Production, (New York: Kelly & Hillman).
Meier, G. M. and Baldwin, R. E. (1957) Economic Development, Theory, History, Policy, (New York: Wiley).
Robinson, J. (1954) The Economics of Imperfect Competition, (London: Macmillan).
Sraffa, P. (ed.) (1953) The Works and Correspondence of David Ricardo, (Cambridge: Cambridge University Press).
Weintraub, S. (1958) An Approach to the Theory of Income Distribution, (Philadelphia: Chilton Publishing).
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© 1991 Paul Davidson
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Davidson, P. (1991). A Clarification of the Ricardian Rent Share. In: Davidson, L. (eds) Inflation, Open Economies and Resources. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-11516-7_1
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