Reswitching And Decreasing Demand For Capital
AbstractWe consider a model of production with a continuum of linear techniques and examine the related choice of technique and shape of the demand for capital schedule. The primary conclusion regards the possibility of a decreasing demand for capital schedule combined with reswitching and reverse capital deepening.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 13389.
Date of creation: 2009
Date of revision:
Capital Theory; Linear Activities of Production; Theory of Value;
Other versions of this item:
- D46 - Microeconomics - - Market Structure and Pricing - - - Value Theory
- B21 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Microeconomics
- D33 - Microeconomics - - Distribution - - - Factor Income Distribution
- D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
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