The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Basics and Non-basics

  • Neri Salvadori
Reference work entry
DOI: https://doi.org/10.1057/978-1-349-95189-5_359

Abstract

The distinction between basic and non-basic commodities was introduced by Sraffa (1960). He first provided a definition valid for the single production case and then provided a general definition for the joint production case. In this entry single-output production is assumed except for a few remarks on the distinction between basics and non-basics in the joint production case.

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Bibliography

  1. Bharadwaj, K. 1970. On the maximum number of switches between two production systems. Schweizerische Zeitschrift für Volkswirtschaft und Statistik 106(4).Google Scholar
  2. Flaschel, P. 1982. On two concepts of basic commodities for joint production systems. Zeitschrift für Nationalömie 42(3): 259–280.CrossRefGoogle Scholar
  3. Pasinetti, L.L., ed. 1980. Essays on the theory of joint production. London: Macmillan.Google Scholar
  4. Roncaglia, A. 1978. Sraffa and the theory of prices. New York: Wiley.Google Scholar
  5. Sraffa, P. 1960. Production of commodities by means of commodities. Cambridge, MA: Cambridge University Press.Google Scholar

Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Neri Salvadori
    • 1
  1. 1.