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By-Products

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  • Elio Londero

Abstract

This paper distinguishes between by-products of the activity and those associated with changes in the demand for another jointly-produced output. It 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. The conditions are explored that are necessary for 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.

Suggested Citation

  • Elio Londero, 2001. "By-Products," Economic Systems Research, Taylor & Francis Journals, vol. 13(1), pages 35-45.
    • Handle: RePEc:taf:ecsysr:v:13:y:2001:i:1:p:35-45
    DOI: 10.1080/09535310120026238
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    References listed on IDEAS

    as
    1. Elio Londero, 2001. "Effective protection in the presence of joint production," Journal of Economic Studies, Emerald Group Publishing, vol. 28(1), pages 34-42, January.
    2. Londero, Elio, 1996. "Shadow Pricing Rules for Partially Traded Goods," MPRA Paper 111765, University Library of Munich, Germany.
    3. Elio Londero, 1999. "Secondary Products, By-products and the Commodity Technology Assumption," Economic Systems Research, Taylor & Francis Journals, vol. 11(2), pages 195-203.
    4. Elio Londero, 2001. "Effective protection in the presence of joint production," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 28(1), pages 34-42, February.
    5. David Greenaway & Geoffrey Reed & Refaat Hassan, 1994. "By-products and Effective Protection," Journal of Economic Studies, Emerald Group Publishing, vol. 21(6), pages 31-36, October.
    6. Greg Traxler & Derek Byerlee, 1993. "A Joint-Product Analysis of the Adoption of Modern Cereal Varieties in Developing Countries," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(4), pages 981-989.
    7. Wassily Leontief, 1973. "National Income, Economic Structure, and Environmental Externalities," NBER Chapters, in: The Measurement of Economic and Social Performance, pages 565-576, National Bureau of Economic Research, Inc.
    8. ten Raa, Thijs & Chakraborty, Debesh & Small, J Anthony, 1984. "An Alternative Treatment of Secondary Products in Input-Output Analysis," The Review of Economics and Statistics, MIT Press, vol. 66(1), pages 88-97, February.
    9. Elio Londero, 2001. "By-Products," Economic Systems Research, Taylor & Francis Journals, vol. 13(1), pages 35-45.
    10. Leontief, Wassily, 1970. "Environmental Repercussions and the Economic Structure: An Input-Output Approach," The Review of Economics and Statistics, MIT Press, vol. 52(3), pages 262-271, August.
    11. Milton Moss, 1973. "The Measurement of Economic and Social Performance," NBER Books, National Bureau of Economic Research, Inc, number moss73-1.
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    Cited by:

    1. Shigemi Kagawa & Hajime Inamura & Yuichi Moriguchi, 2002. "The Invisible Multipliers of Joint-products," Economic Systems Research, Taylor & Francis Journals, vol. 14(2), pages 185-203, June.
    2. Elio Londero, 1999. "Secondary Products, By-products and the Commodity Technology Assumption," Economic Systems Research, Taylor & Francis Journals, vol. 11(2), pages 195-203.
    3. Elio Londero, 2001. "By-Products," Economic Systems Research, Taylor & Francis Journals, vol. 13(1), pages 35-45.

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    More about this item

    Keywords

    Products; Input-OUTPUT; Joint Production;
    All these keywords.

    JEL classification:

    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • D20 - Microeconomics - - Production and Organizations - - - General
    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis

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