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constant returns to scale 1 factor price equalisation 1 factor values 1 global production set 1 non-substitution 1
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Free 1
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Book / Working Paper 1
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Ekeland, Ivar 1 Guesnerie, Roger 1
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HAL 1
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The geometry of global production and factor price equalisation
Ekeland, Ivar; Guesnerie, Roger - HAL - 2006
We consider a production economy where commodities are partitioned into irreproducible factors and reproducible goods, and the production technologies have constant returns to scale. We examine the geometry of the efficient frontier of the global production set and derive theorems of...
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