THE ROLE OF FACTOR INTENSITIES, INTER-FACTOR COOPERATION, AND PRODUCTIVITY IN A GENERAL EQUILIBRIUM MODEL

Katsuhiko Suzuki ()

No 2, Discussion Paper Series from School of Economics, Kwansei Gakuin University

Abstract: The purpose of this paper is to explore thoroughly the effects of the change in factor supplies on outputs with commodity prices held constant and to disentangle the intricate involvement between the roles of the factor intensities and factor substitution played in determining such Rybczynski effects in the three-factor, two-good general equilibrium model. It turns out clearly that in place of the factor substitution relations in the cost function, the introduction of cooperative relations between different factors in the production function is helpful for this purpose.

Pages: 29 pages
Date: 1983-11, Revised 1983-11
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Persistent link: https://EconPapers.repec.org/RePEc:kgu:wpaper:02

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