Competition and production prices
基于Okishio定理，研究无技术变革时资本家竞争的过程，发现选择适当参数和初始条件后所有利润率趋于零，即熊彼特的结果。
My theorem, the so-called Okishio theorem, is a comparative statics result. Therefore, it has no realistic meaning if capitalists' competition does not establish a new equilibrium following the introduction of a new production method. Marx firmly believed that a new equilibrium was established. In this paper, we investigate the capitalist process without technical change. If we choose the proper parameters and initial conditions, all profit rates converge to zero, Schumpeter's result. Copyright 2001 by Oxford University Press.