A note on Equilibrium with Capital Goods, Storage and Production

Galeazzo Impicciatore and Luca Panaccione ()

No 99, Working Papers from Sapienza University of Rome, Department of Public Economics

Abstract: In this paper, we study a two-period economy with production, capital goods and storage. For this economy, we propose a suitable equilibrium concept, and we prove existence of equilibrium. We also show that equality of rates of return for stored capital goods endogenously emerges as a consequence of consumers’ optimizing behavior.

Keywords: Capital goods; storage; existence; equality of rates of return. (search for similar items in EconPapers)
JEL-codes: C62 D24 (search for similar items in EconPapers)
Date: 2007-06
View list of references

Downloads: (external link)
http://dep.eco.uniroma1.it/docs/working_papers/Wp99.pdf 2007 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: http://EconPapers.repec.org/RePEc:sap:wpaper:99

Access Statistics for this paper

More papers in Working Papers from Sapienza University of Rome, Department of Public Economics
Contact information at EDIRC.
Series data maintained by Luisa Giuriato ().