TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

STANDARD GOODS [1 record]

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Alphabetical list of terms

Record 1 1984-06-27

English

Subject field(s)
  • Pricing Theory
DEF

A construct used by P. Sraffa to understand the relationship between relative prices and the distribution of income between wages and profits. The standard commodity is a composite commodity constructed such that its price does not change when there are changes in the distribution of income.

Key term(s)
  • standard good
  • standard goods

French

Domaine(s)
  • Théorie des prix
CONT

Dans sa démonstration, Sraffa avance le concept de marchandise-étalon (...) : il s'agit d'une marchandise "composite", formée par la sélection de certaines marchandises employées comme biens de production et organisées comme un système économique complet en miniature, les différentes marchandises étant représentées dans les mêmes proportions que les quantités totales des moyens de production réellement utilisés.

Spanish

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© Public Services and Procurement Canada, 2024
TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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