Reswitching in a Model of Extensive Rent

Robert L. Vienneau ()
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Robert L. Vienneau: Independent Researcher

Bulletin of Political Economy, 2022, vol. 16, issue 2, 133-146

Abstract: This article presents an example of the reswitching of the order of fertility and of the order of rentability. Whether or not these orders differ from one another varies with distribution for certain parameter ranges in the example. This analysis emphasizes that more rent per acre is not necessarily associated with more fertile land and that the ranking of lands by fertility cannot, in general, be determined from only data on physical inputs and outputs for the available processes.

Keywords: Choice of technique; Rent; Cambridge Capital Controversy (search for similar items in EconPapers)
JEL-codes: B51 C67 D24 D33 Q13 (search for similar items in EconPapers)
Date: 2022
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:awu:journl:v:16:y:2022:i:2:p:133-146

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