Distortions in Factor Markets and the General Equilibrium Model of Production

Distortions in Factor Markets and the General Equilibrium Model of Production
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要素市场的扭曲与生产的一般均衡模型

DOI:
10.1086/259762
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发表时间:
1971
影响因子:
8.2
通讯作者:
R. Jones
R. Jones
中科院分区:
经济学1区
文献类型:
--
作者:
R. Jones

文献摘要

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相似文献

在两部门模型中,一个行业的生产要素所获得的溢价超过另一个行业相同要素所获得的回报,这是一种影响所有要素价格和生产总体效率的扭曲。它考虑到了这样一种可能性,即采用较高资本-劳动比率的行业仍然向劳动支付较高的分配份额。在这种情况下,商品产出与商品价格成反比。此外,本文探讨了扭曲如何影响的形状的转换时间表和最优策略,其次是一个生产要素的意图,以最大限度地提高其回报。
A premium paid to a factor of production in one industry over the return earned by the same factor in the other industry in a two-sector model is a distortion that affects all factor prices and the general efficiency of production. It allows for the possibility that the industry employing the higher capital-labor ratio nonetheless pays labor a higher distributive share. In such a case, commodity outputs are inversely related to commodity prices. Furthermore, the paper explores how distortions can affect the shape of the transformation schedule and the optimal strategy to be followed by a factor of production intent on maximizing its returns.