Jump to ContentJump to Main Navigation

You are looking at 1-5 of 5 items

  • Keywords: constant returns x
Clear All Modify Search

View:

Long‐Run Aggregates Under Constant Returns

W. M. Gorman

C. Blackorby and A. F. Shorrocks (eds)

in Separability and Aggregation: The Collected Works of W. M. Gorman, Volume I

Published in print:
1996
Published Online:
November 2003
ISBN:
9780198285212
eISBN:
9780191596322
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198285213.003.0026
Subject:
Economics and Finance, Microeconomics

A weakness of the paper ’Aggregation in the short and long run’ (Ch. 25) is the use of strong convexity assumptions––these assumptions seem easier to justify in the short run, rather than the long ... More


Marginal Products and Factor Proportions

John P. Burkett

in Microeconomics: Optimization, Experiments, and Behavior

Published in print:
2006
Published Online:
October 2011
ISBN:
9780195189629
eISBN:
9780199850778
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195189629.003.0006
Subject:
Economics and Finance, Microeconomics

This chapter discusses microeconomic theories of marginal products and factor proportions. It explains that factor's marginal product is the ratio of an increase in output to a small increase in ... More


On Producer Taxation

James A. Mirrlees

in Welfare, Incentives, and Taxation

Published in print:
2006
Published Online:
October 2011
ISBN:
9780198295211
eISBN:
9780191685095
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198295211.003.0008
Subject:
Economics and Finance, Public and Welfare, Development, Growth, and Environmental

This chapter discusses the new results that could be obtained from productive efficiency. Due to the analysis of public production and commodity taxation made by Diamond and Mirrlees, it is believed ... More


Equilibrium with Constant Returns

Yves Balasko

in General Equilibrium Theory of Value

Published in print:
2011
Published Online:
October 2017
ISBN:
9780691146799
eISBN:
9781400838912
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691146799.003.0012
Subject:
Economics and Finance, History of Economic Thought

This chapter analyzes an equilibrium model where privately owned firms feature either smooth decreasing or constant returns to scale. Profit of the constant returns to scale firms being equal to zero ... More


Production with Constant Returns

Yves Balasko

in General Equilibrium Theory of Value

Published in print:
2011
Published Online:
October 2017
ISBN:
9780691146799
eISBN:
9781400838912
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691146799.003.0011
Subject:
Economics and Finance, History of Economic Thought

This chapter examines the net supply correspondence of a constant returns to scale firms under suitable convexity and smoothness assumptions. These assumptions are comparable to those used in the ... More


View: