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By-Products

Elio Londero ()

MPRA Paper from University Library of Munich, Germany

Abstract: This paper distinguishes between by-products of the activity and those associated to changes in the demand for another jointly-produced output, attempts to define when one or more jointly-produced outputs would be by-products of the activity and others would be produced at the margin, and explores the conditions that would result in one or more jointly-produced outputs to be, or behave like, by-products of the activity. These conditions are expected to help in sorting out by-products from marginally produced outputs in the preparation of cost structures for analytic work.

Keywords: by-products; input-output; joint production (search for similar items in EconPapers)
JEL-codes: C81 D20 D57 (search for similar items in EconPapers)
Date: 2000
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Published in Economic Systems Research 1.13(2001): pp. 35-45

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