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Testable restrictions of general equilibrium in production economies



This note shows that the testability result obtained by Brown and Matzkin (1996) for an exchange economy survives the introduction of standard, aggregate production, even without the observation of production levels.

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  • Andrés Carvajal, 2005. "Testable restrictions of general equilibrium in production economies," Royal Holloway, University of London: Discussion Papers in Economics 05/01, Department of Economics, Royal Holloway University of London, revised Jan 2005.
  • Handle: RePEc:hol:holodi:0501

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