A Note on the Elasticity of Derived Demand Under Decreasing Returns.

This article focuses on the elasticity of derived demand for a factor of production under conditions of decreasing returns to scale. The smaller the elasticity, the stronger the trade union power may be expected to be in the industry. Recent studies have been conducted by several researchers on the...

Descripción completa

Detalles Bibliográficos
Publicado en:American Economic Review Vol. 64; no. 4; pp. 697 - 701
Autor principal: Razin, Assaf
Formato: Artículo
Publicado: American Economic Association Sep74
Materias:
Acceso en línea:Ver este registro en EBSCOhost