Comment on Suzuki’s rebuttal of Batra and Casas

Yoshiaki Nakada ()

MPRA Paper from University Library of Munich, Germany

Abstract: Batra and Casas (1976) claimed that ‘a strong Rybczynski result’ arises in the three-factor two-good general equilibrium trade model. In subsequent comments, Suzuki (1983) contended that this could not be the case. Among his comments, Suzuki found that the set of three equations holds for the Allen-partial elasticity of substitution under the assumption of perfect complementarity, and he applied these to his analysis. In the following, I demonstrate that these are impossible, hence his dissenting proof is not plausible.

Keywords: three-factor two-good model; Rybczynski result; perfect complementarity; Allen-partial elasticity of substitution; general equilibrium. (search for similar items in EconPapers)
JEL-codes: C68 D5 F11 (search for similar items in EconPapers)
Date: 2015-09-18
New Economics Papers: this item is included in nep-int
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Citations: View citations in EconPapers (2)

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Related works:
Working Paper: Comment on Suzuki's rebuttal of Batra and Casas (2017)
Working Paper: Comment on Suzuki’s rebuttal of Batra and Casas (2015)
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