In linear production models, a switching of technique consists, in general, of a discontinuous variation of a plurality of technical coefficients and of the capital/labor ratio. This result has often been claimed to hold only with discrete technologies; when techniques crowd indefinitely along the wage-profit frontier this approximates to traditional smooth behavior. This conjecture is disproved in this article: in general, technical coefficients and the capital/labor ratio vary discontinuously, either with a discrete or with a continuum spectrum of techniques along the wage-profit frontier.

Bellino, E., Continuous Switching of Techniques in Linear Production Models, <<MANCHESTER SCHOOL OF ECONOMIC AND SOCIAL STUDIES>>, 1993; (vol. LXI, n. 2): 185-201. [doi:10.1111/j.1467-9957.1993.tb00231.x] [http://hdl.handle.net/10807/61029]

Continuous Switching of Techniques in Linear Production Models

Bellino, Enrico
1993

Abstract

In linear production models, a switching of technique consists, in general, of a discontinuous variation of a plurality of technical coefficients and of the capital/labor ratio. This result has often been claimed to hold only with discrete technologies; when techniques crowd indefinitely along the wage-profit frontier this approximates to traditional smooth behavior. This conjecture is disproved in this article: in general, technical coefficients and the capital/labor ratio vary discontinuously, either with a discrete or with a continuum spectrum of techniques along the wage-profit frontier.
1993
Inglese
Bellino, E., Continuous Switching of Techniques in Linear Production Models, <<MANCHESTER SCHOOL OF ECONOMIC AND SOCIAL STUDIES>>, 1993; (vol. LXI, n. 2): 185-201. [doi:10.1111/j.1467-9957.1993.tb00231.x] [http://hdl.handle.net/10807/61029]
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.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10807/61029
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 6
  • ???jsp.display-item.citation.isi??? 3
social impact