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On the existence of joint production functions

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  • Rokaya Al‐Ayat
  • Rolf Färe

Abstract

Within a general framework of production correspondences satisfying a set of weak axioms necessary and sufficient conditions for the existence of a joint production function are given. Without enforcing the strong disposability of inputs or outputs it is shown that a joint production function exists if and only if both input and output correspondences are strictly increasing along rays.

Suggested Citation

  • Rokaya Al‐Ayat & Rolf Färe, 1979. "On the existence of joint production functions," Naval Research Logistics Quarterly, John Wiley & Sons, vol. 26(4), pages 627-630, December.
    • Handle: RePEc:wly:navlog:v:26:y:1979:i:4:p:627-630
    DOI: 10.1002/nav.3800260407
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