Fixed capital in the Ricardian theory of value and distribution.

This paper examines the determination of exchange values, income distribution, output and population in a Ricardian stationary state with fixed capital under less restrictive assumptions than previous studies. A fully determined and internally consistent model is derived with differing capital/labour ratios between sectors, with emphasis on showing that the assumptions made are drawn from Ricardo's writings. The model is extended to include gold and foreign trade. [ABSTRACT FROM AUTHOR]