Differential Rent Theory

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:basisFor Ricardian theory of rent
gptkbp:category classical economics
economic rent
gptkbp:contrastsWith absolute rent theory
gptkbp:developedBy gptkb:Karl_Marx
gptkbp:explains rent is determined by the difference between the productivity of a given land and the least productive (marginal) land in use
differences in land rent
rent arises due to differences in fertility and location of land
gptkbp:field economics
political economy
gptkbp:focusesOn gptkb:farmer
gptkbp:hasConcept land rent
https://www.w3.org/2000/01/rdf-schema#label Differential Rent Theory
gptkbp:influenced Marxist economics
gptkbp:introducedIn 1817
gptkbp:proposedBy gptkb:David_Ricardo
gptkbp:publishedIn Principles of Political Economy and Taxation
gptkbp:relatedTo extensive cultivation
intensive cultivation
marginal land
gptkbp:bfsParent gptkb:Ricardian_Theory_of_Rent
gptkbp:bfsLayer 8