Reinterpretación de la “depreciación por evaporación”, “depreciación exponencial” o “desintegración radioactiva” de los bienes de capital fijo dentro de la teoría clásica de los precios

Abstract

In this paper it is proven that the treatment of Fixed Capital in terms of joint production, according to the procedure utilized by von Neumann and Sraffa by considering fixed capital goods in successive phases of wear and tear as independent and qualitatively differentiated commodities, turns out to be inconsistent on theoretical grounds. Moreover, it is proven that the treatment of Fixed Capital in terms of simple production ("depreciation by evaporation", "exponential depreciation", "radioactive decay") is completely general, by contrast to the dominant opinion.