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An Econometric Analysis Of Us Farmland Prices, 1941 To 1980 (United States), Daniel Lee Dunn

Doctoral Dissertations

The value of farmland in the United States comprises approximately seventy-five percent of the total value of farm assets. U.S. farmland prices have risen steadily since 1940. The period of 1970 to 1980, however, exhibits an increased rate of growth in average farmland values.

Rapid farmland price inflation could have implications for the structure of the American farming sector. An increase in the concentration of control of farm production assets, the raising of barriers to entry into agriculture and pressures on rural farm financial institutions from increased leveraging of farm loans may all result from increasing farmland values.

Previous research …

The Theoretical Genesis Of Capital Using A Commodity Theory Of Value, Spencer Jay Pack

Doctoral Dissertations

The purpose of this dissertation is to show that the basic framework of Marx's analysis of capitalism is sufficiently independent of the labor theory of value to survive the replacement of the labor theory of value with a Sraffian-based commodity theory of value. It addresses a problem posed by such economists as Joan Robinson and Ian Steedman. They criticize the labor theory value from a Sraffian perspective. They argue that economists should use a basically Marxian framework when analyzing capitalism, but not use the labor theory of value. The question then arises as to what remains of Marx's work when …