The Neoclassical Postulate and the Technology Frontier in Capital Theory

Kazuo Sato

The Quarterly Journal of Economics, 1974, vol. 88, issue 3, 353-384

Abstract: I. Introduction, 353. — II. The neoclassical postulate and its neoclassical solution, 355. — III. The technology frontier in the linear-technique model, 358. — IV. The choice of techniques in the linear-technique model, 366. — V. The nature of empirical production functions under the neoclassical postulate, 374. — VI. The technology frontier and the substitution parameter, 376.— VII. Concluding remarks, 382.

Date: 1974
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