A Complete Characterization of Economies with the Nonsubstitution Property

A complete characterization of economies with the nonsubstitution property is presented for linear models. In this characterization, a degree of proper joint production as well as the existence of durable capital goods is allowed for.

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Year of publication:	2003
Authors:	Fujimoto, T ; Herrero, C ; Ranade, R R ; Silva, J A ; Villar, A
Published in:	Economic Issues Journal Articles. - Nottingham Business School. - Vol. 8.2003, 2, p. 63-70
Publisher:	Nottingham Business School

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010561223