This paper presents a very general linear production model which nevertheless shows an extremely regular behaviour. We can ensure the solvability of the associated equilibrium systems for quantities and prices and the nonsubstitution property, allowing for joint production and non-square systems. We also discuss the application of this model to the measurement of productivity differences. The assumptions we use are intuitive and very mild (e.g. they are necessary for the type of solvability we require). Proofs are simple and rely on geometrical arguments (the separation theorems), rather than on the use of the theory of determinants.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
file. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Find related papers by JEL classification: C67 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Input-Output Models
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.: