A note on Ricardo's differential rent theory. (David Ricardo) From: Atlantic Economic Journal | Date: June 1, 1992| Author: Kyer, Ben L. | COPYRIGHT 1992 Atlantic Economic Society. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

One of David Ricardo's most important and lasting contributions to economics was his theory of rent. In brief, Ricardo defined rent as the difference in the costs of production between different tracts of land, and the different costs he in turn attributed to the different productivity levels of land. It may be beneficial, however, to convert Ricardo's cost-difference theory of rent to a net revenue-difference theory. The purpose of this note is to attempt such a conversion.

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