Production Possibilities with a Public Intermediate Good
AbstractThis paper considers the shape of the production possibility set with a public intermediate good of the atmos phere type. The elements which tend to give rise to a concave product ion frontier are isolated from those which tend to generate a convex one. By using the notion of the production surface, the results from earlier models are both generalized and sharpened.
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Bibliographic InfoArticle provided by Canadian Economics Association in its journal Canadian Journal of Economics.
Volume (Year): 20 (1987)
Issue (Month): 4 (November)
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Postal: Canadian Economics Association Prof. Steven Ambler, Secretary-Treasurer c/o Olivier Lebert, CEA/CJE/CPP Office C.P. 35006, 1221 Fleury Est Montréal, Québec, Canada H2C 3K4
Web page: http://economics.ca/cje/
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