Variable returns to scale in general equilibrium theory once again

Variable returns to scale in general equilibrium theory once again
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一般均衡理论中的变量规模报酬再次出现

DOI:
10.1016/0022-1996(80)90003-3
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发表时间:
1980
期刊:
影响因子:
--
通讯作者:
A. Panagariya
A. Panagariya
中科院分区:
--
文献类型:
--
作者:
A. Panagariya

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相似文献

本文放松了Jones(1968)的一些假设,并重新考虑了可变规模收益(VRS)对Stolper-Samuelson和Rbbczynski定理的影响。它还首次分析了在商品价格不变的情况下,要素收益和要素供给之间的关系。证明了雷布钦斯基和/或Stolper-Samuelson定理的有效性既不是生产可能性边界局部严格凹于原点的必要条件,也不是充分条件。还得到了其他几个新的结果,并试图对最重要的发现给出一个直观的解释。
This paper relaxes some assumptions made by Jones (1968) and reconsiders the implications of variable returns to scale (VRS) for the Stolper-Samuelson and Rybczynski theorems. It also analyses for the first time the relationship between factor-returns and factor-supplies at constant commodity-prices. It is shown that the validity of the Rybczynski and/or Stolper-Samuelson theorem is neither necessary nor sufficient for the production possibilities frontier to be locally strictly concave to the origin. Several other new results are derived and an attempt is made to give an intuitive explanation of the most important findings.