[OPE-L:3917] More on negative surplus value

Michael Perelman (michael@ecst.csuchico.edu)
Wed, 1 Jan 1997 18:13:32 -0800 (PST)

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I have mentioned several times in the past that when technological change
is too rapid firms may have to renew their capital stock before they have
amoritized it. When this behavior is too common, negative surplus value
will resort.
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 916-898-5321
E-Mail michael@ecst.csuchico.edu