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

Author

Listed:
  • 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," Post-Print halshs-00430058, HAL.
    • Handle: RePEc:hal:journl:halshs-00430058
    DOI: 10.2307/3501905
    as

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