A Complete Characterization of Economies with the Nonsubstitution Property
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Abstract
A complete characterization of economies with the nonsubstitution property is presented for linear models. In this characterization, a degree of proper joint production as well as the existence of durable capital goods is allowed for.
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How to Cite
Fujimoto, T., Herrero, C., Ranade, R. R., Silva, J. A., & Villar, A. (2003). A Complete Characterization of Economies with the Nonsubstitution Property. Economic Issues, 8(2), 63–70. Retrieved from http://economicissues.org.uk/index.php/EI_OJS/article/view/101
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