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Factor-Supply Responses And The Gross-Substitute System

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  • TAPAN BISWAS

    (University of Hull)

Abstract

(Originally published in Mathematical Social Sciences 9 (1985), 183-187) - Although the inputs are not normally gross-substitutes in their demand, the Jacobian matrix of all excess demand functions, corresponding to both outputs and inputs, may satisfy the gross- substitute requirements if, apart from the final goods being gross-substitutes in their demand, all inputs are substitutes in supply.

Suggested Citation

  • Tapan Biswas, 2012. "Factor-Supply Responses And The Gross-Substitute System," Review of Economic Analysis, Rimini Centre for Economic Analysis, vol. 4(1), pages 145-149, June.
  • Handle: RePEc:ren:journl:v:4:y:2012:i:1:p:145-149
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