An Economic Theory of Production, Investment and Disinvestment

Alan E. Baquet

No 283578, 1977 AAEA-WAEA Joint Meeting, July 31-August 3, San Diego, California from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: Durable inputs in production have long been an imbroglio. A theoretical model linking production, investment and disinvestment is presented. Both the optimal flow of services and the optimal life of the durable are determined internally. This formulation allows for the consideration of both stock and flow quantities in the production process.

Keywords: Production; Economics (search for similar items in EconPapers)
Pages: 18
Date: 1977-07
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/283578/files/19-00105AAEA_0602.pdf (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: https://EconPapers.repec.org/RePEc:ags:aaea77:283578

DOI: 10.22004/ag.econ.283578

Access Statistics for this paper

More papers in 1977 AAEA-WAEA Joint Meeting, July 31-August 3, San Diego, California from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().