Tuesday, June 02, 2026

Reswitching And Other Capital-Theoretic Paradoxes In A Variety Of Models

Apparently, it is part of my project to construct explicit numeric examples of the rewitching of techniques and capital-theoretic paradoxes in a range of models. Here are some examples I have produced:

  • The reswitching of techniques in a capitalist economy with non-competitive markets.
  • The reswitching of the orders of efficiency and of rentability in a model with extensive rent.
  • The reswitching of techniques in a model with extensive rent.
  • The complete reversal of the orders of efficiency and rentability in a model with extensive and intensive rent (See region 11 in the example).
  • The reswitching of techniques in a model with extensive and intensive rent and with multiple (two) agricultural commodities.
  • The recurrence of truncation and reverse labor substitution without the reswitching of techniques.
  • Capital-reversing in an example with fixed capital and scarce land.

This post is one of my summary posts.