On the existence of joint production functions

Rokaya Al‐Ayat and Rolf Färe

Naval Research Logistics Quarterly, 1979, vol. 26, issue 4, 627-630

Abstract: Within a general framework of production correspondences satisfying a set of weak axioms necessary and sufficient conditions for the existence of a joint production function are given. Without enforcing the strong disposability of inputs or outputs it is shown that a joint production function exists if and only if both input and output correspondences are strictly increasing along rays.

Date: 1979
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https://doi.org/10.1002/nav.3800260407

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Persistent link: https://EconPapers.repec.org/RePEc:wly:navlog:v:26:y:1979:i:4:p:627-630

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