The Structure of Economies with Aggregate Measures of Capital: A Complete Characterization
给出了与资本聚集一致的技术的基本刻画,这些刻画与Gorman的利润函数限制对偶,并完善了Fisher的闭式生产函数限制,同时解决并扩展了Fisher提出的问题。
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.