FACTOR-SUPPLY RESPONSES AND THE GROSS-SUBSTITUTE SYSTEM

Tapan Biswas

Review of Economic Analysis, 2012, vol. 4, issue 1, 145-149

Abstract: (Originally published in Mathematical Social Sciences 9 (1985), 183-187) - Although the inputs are not normally gross-substitutes in their demand, the Jacobian matrix of all excess demand functions, corresponding to both outputs and inputs, may satisfy the gross- substitute requirements if, apart from the final goods being gross-substitutes in their demand, all inputs are substitutes in supply.

Keywords: Gross-substitute system; Metzler-Mosak matrix; net input transformation curve. (search for similar items in EconPapers)
Date: 2012
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Journal Article: Factor-supply responses and the gross-substitute system (1985)
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