The Structure of Economies with Aggregate Measures of Capital: A Complete Characterization

S-Tier
Journal: Review of Economic Studies
Year: 1984
Volume: 51
Issue: 4
Pages: 633-650

Authors (2)

Charles Blackorby (not in RePEc) William Schworm (UNSW Sydney)

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

In this paper, we present the primal characterizations of the technologies that are consistent with capital aggregation. These characterizations are dual to the profit function restrictions obtained by Gorman and complete the closed-form production function restrictions obtained by Fisher. We use the result to solve a problem recently posed by Fisher. In addition, we pose and solve a natural extension of the usual capital aggregation problem.

Technical Details

RePEc Handle
repec:oup:restud:v:51:y:1984:i:4:p:633-650.
Journal Field
General
Author Count
2
Added to Database
2026-01-29