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RESWITCHING AND DECREASING DEMAND FOR CAPITAL

Saverio Fratini

MPRA Paper from University Library of Munich, Germany

Abstract: We consider a model of production with a continuum of linear techniques and examine the related choice of technique and shape of the demand for capital schedule. The primary conclusion regards the possibility of a decreasing demand for capital schedule combined with reswitching and reverse capital deepening.

Keywords: Capital Theory; Linear Activities of Production; Theory of Value (search for similar items in EconPapers)
JEL-codes: B21 D24 D33 D46 (search for similar items in EconPapers)
Date: 2009
New Economics Papers: this item is included in nep-acc
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Journal Article: RESWITCHING AND DECREASING DEMAND FOR CAPITAL (2010) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:13389

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