[OPE-L:1914] urgent request

Fred Moseley (fmoseley@laneta.apc.org)
Tue, 23 Apr 1996 13:03:07 -0700

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Would someone please send me quickly the basic price and profit rate
equations that Roemer uses to "generalize" the Okishio Theorem to fixed
capital for his two special cases:

1. non-depreciating fixed capital

2. the von-Neuman rate of profit with depreciating fixed capital

In other words: what replaces the basic equation for circulating capital only?

p = (pA + pbL)(1 + r)

I need this for my class at UNAM tomorrow (Wednesday!) and don't have the
Roemer articles with me, so a prompt response would be very much
appreciated. If you want, you can send to me directly: fmoseley@laneta.apc.org

Thanks very much!