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.
Fratini, S.M. (2009). Reswitching and Decreasing Demand for Capital in a Model with a Continuum of Linear Techniques. EERI RESEARCH PAPER, 26, 1-17.
Reswitching and Decreasing Demand for Capital in a Model with a Continuum of Linear Techniques
FRATINI, SAVERIO MARIA
2009-01-01
Abstract
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.File in questo prodotto:
Non ci sono file associati a questo prodotto.
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
