Statements (19)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:appliesTo |
gptkb:farmer
|
| gptkbp:assumes |
gptkb:Law_of_diminishing_returns
Perfect competition No alternative use of land |
| gptkbp:basisFor |
gptkb:Differential_Rent_Theory
|
| gptkbp:criticizedFor |
gptkb:Modern_Economists
|
| gptkbp:describes |
Determination of rent in agriculture
|
| gptkbp:explains |
Rent arises due to differences in fertility of land
Rent is a surplus over the cost of production |
| gptkbp:focusesOn |
Marginal land
|
| gptkbp:formedBy |
gptkb:David_Ricardo
|
| https://www.w3.org/2000/01/rdf-schema#label |
Ricardian Theory of Rent
|
| gptkbp:influenced |
gptkb:Classical_Economics
|
| gptkbp:publicationYear |
1817
|
| gptkbp:publishedIn |
gptkb:On_the_Principles_of_Political_Economy_and_Taxation
|
| gptkbp:state |
Rent is price determined by the least productive land in use
|
| gptkbp:bfsParent |
gptkb:Classical_Growth_Theory
|
| gptkbp:bfsLayer |
7
|