We 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.Capital Theory, Linear Activities of Production, Theory of Value

Fratini, Saverio M.

English

Research Papers in Economics

C.E.S. Production Functions in the Light of the Cambridge Critique’,

Capital theory and dynamics, Cambridge:

Capital Theory Paradoxes: Anything Goes’,

Economic Growth and Capital Accumulation’, Economic Record,

Heterogeneous Capital, the Production Function and the Theory of Distribution’,

Lectures on the theory of production,

Linear programming and economic analysis,

On Some Illusory Instances of

Real Wicksell Effects and Regular Economies’,

Reverse capital deepening”,

The Paradox in Capital Theory and Complementarity of Inputs’,

Theory of production, Cambridge:

RESWITCHING AND DECREASING DEMAND FOR CAPITAL

RESWITCHING AND DECREASING DEMAND FOR CAPITAL

Abstract

Similar works

Full text

Available Versions

Research Papers in Economics