Economies of Scale, Technical Progress, and the Nonhomothetic Leontief Production Function: An Application to the Japanese Petrochemical Processing Industry.

A system of derived input demand functions with the property of zero elasticity of substitution between any pair of inputs is investigated. It is shown that such a system can be derived from cost minimization subject to a production function constraint. The underlying production function is explici...

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Publicado en:Journal of Political Economy Vol. 80; no. 6; pp. 1167 - 1188
Autores principales: Lau, Lawrence J., Tamura, Shuji
Formato: Artículo
Publicado: University of Chicago Press Nov/Dec72
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Acceso en línea:Ver este registro en EBSCOhost