Wednesday, April 16, 2025

Publicly Available Matlab Code For The Analysis Of The Choice Of Technique

I have created a project on GitHub: SraffianAnalysis.

This directory contains Octave code to support the analysis of the choice of technique.

I have examples of code to specify discrete technologies for small economies and to plot wage curves and switch points for them. Techniques in these economies produce one, two, three, or four commodities. Switch points, which are found as the roots of certain polynomial equations, can be found exactly. I allow the techniques to be specified as general joint production and with persistent differentials in the rate of profits. (The cost-minimizing technique in general joint production is not necessarily found as on the outer envelope of wage curves.)

I also have some main programs to find fluke switch points, like a switch point that is an intersection of more than two wage curves. A Microsoft Excel spreadsheet and PowerPoint slide decks illustrate what can be done with this capability.

1 comment:

Anonymous said...

GOAT