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By-Products

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  • Elio Londero

Abstract

This paper distinguishes between by-products of the activity and those associated with changes in the demand for another jointly-produced output. It attempts to define when one or more jointly-produced outputs would be by-products of the activity and others would be produced at the margin. The conditions are explored that are necessary for one or more jointly-produced outputs to be, or behave like, by-products of the activity. These conditions are expected to help in sorting out by-products from marginally produced outputs in the preparation of cost structures for analytic work.

Suggested Citation

  • Elio Londero, 2001. "By-Products," Economic Systems Research, Taylor & Francis Journals, vol. 13(1), pages 35-45.
    • Handle: RePEc:taf:ecsysr:v:13:y:2001:i:1:p:35-45
    DOI: 10.1080/09535310120026238
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    References listed on IDEAS

    as
    1. Londero, Elio, 1996. "Shadow Pricing Rules for Partially Traded Goods," MPRA Paper 111765, University Library of Munich, Germany.
    2. Elio Londero, 1999. "Secondary Products, By-products and the Commodity Technology Assumption," Economic Systems Research, Taylor & Francis Journals, vol. 11(2), pages 195-203.
    3. Greg Traxler & Derek Byerlee, 1993. "A Joint-Product Analysis of the Adoption of Modern Cereal Varieties in Developing Countries," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(4), pages 981-989.
    4. Wassily Leontief, 1973. "National Income, Economic Structure, and Environmental Externalities," NBER Chapters, in: The Measurement of Economic and Social Performance, pages 565-576, National Bureau of Economic Research, Inc.
    5. Elio Londero, 2001. "By-Products," Economic Systems Research, Taylor & Francis Journals, vol. 13(1), pages 35-45.
    6. Milton Moss, 1973. "The Measurement of Economic and Social Performance," NBER Books, National Bureau of Economic Research, Inc, number moss73-1, March.
    7. Elio Londero, 2001. "Effective protection in the presence of joint production," Journal of Economic Studies, Emerald Group Publishing, vol. 28(1), pages 34-42, January.
    8. Elio Londero, 2001. "Effective protection in the presence of joint production," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 28(1), pages 34-42, February.
    9. David Greenaway & Geoffrey Reed & Refaat Hassan, 1994. "By-products and Effective Protection," Journal of Economic Studies, Emerald Group Publishing, vol. 21(6), pages 31-36, October.
    10. ten Raa, Thijs & Chakraborty, Debesh & Small, J Anthony, 1984. "An Alternative Treatment of Secondary Products in Input-Output Analysis," The Review of Economics and Statistics, MIT Press, vol. 66(1), pages 88-97, February.
    11. Leontief, Wassily, 1970. "Environmental Repercussions and the Economic Structure: An Input-Output Approach," The Review of Economics and Statistics, MIT Press, vol. 52(3), pages 262-271, August.
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    Cited by:

    1. Shigemi Kagawa & Hajime Inamura & Yuichi Moriguchi, 2002. "The Invisible Multipliers of Joint-products," Economic Systems Research, Taylor & Francis Journals, vol. 14(2), pages 185-203, June.
    2. Elio Londero, 1999. "Secondary Products, By-products and the Commodity Technology Assumption," Economic Systems Research, Taylor & Francis Journals, vol. 11(2), pages 195-203.
    3. Elio Londero, 2001. "By-Products," Economic Systems Research, Taylor & Francis Journals, vol. 13(1), pages 35-45.

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    More about this item

    Keywords

    Products; Input-OUTPUT; Joint Production;
    All these keywords.

    JEL classification:

    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • D20 - Microeconomics - - Production and Organizations - - - General
    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis

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