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La production jointe : le point de vue de la théorie de l'équilibre général

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  • Antoine d'Autume

    (EUREQUA - Equipe Universitaire de Recherche en Economie Quantitative - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique)

Abstract

Joint production and general equilibrium theory As it invalidates the Non-Substitution Theorem the joint production assumption was bound to create some problems for NeoRicardian theory. Our aim is to show that most of the paradoxes encountered in this approach disappear if one is willing to accept the principles of General Equilibrium Theory. We show how a long run stationary equih'brium can be defined and determined and we analyze its properties. The only paradox attached to joint production is the possibility, outside the Golden Rule, of an increasing factor- price- frontier.

Suggested Citation

  • Antoine d'Autume, 1988. "La production jointe : le point de vue de la théorie de l'équilibre général," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00430058, HAL.
    • Handle: RePEc:hal:cesptp:halshs-00430058
    DOI: 10.2307/3501905
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    1. Gilbert Abraham-Frois & Edmond Berrebi, 1981. "La demande, face cachée de la production jointe," Revue Économique, Programme National Persée, vol. 32(6), pages 1154-1165.
    2. Steedman, Ian, 1975. "Positive Profits with Negative Surplus Value," Economic Journal, Royal Economic Society, vol. 85(337), pages 114-123, March.
    3. Z. M. Berrebi, 1981. "Comparaison de techniques et normes des prix," Revue Économique, Programme National Persée, vol. 32(5), pages 965-970.
    4. Morishima, Michio, 1969. "Theory of Economic Growth," OUP Catalogue, Oxford University Press, number 9780198281641.
    5. Christian Bidard, 1984. "La Production Jointe," Post-Print hal-03094472, HAL.
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