Fixed Capital in the Corn‐Tractor Model

8 Pages Posted: 29 May 2020

See all articles by Ian Steedman

Ian Steedman

Manchester Metropolitan University - Department of Economics

Date Written: February 2020

Abstract

When fixed capital use is introduced into the simple corn‐tractor model, capital‐reversing, reswitching and consumption reversal can occur even with equal proportions and triple‐switching of techniques is possible.

Suggested Citation

Steedman, Ian, Fixed Capital in the Corn‐Tractor Model (February 2020). Metroeconomica, Vol. 71, Issue 1, pp. 49-56, 2020, Available at SSRN: https://ssrn.com/abstract=3613986 or http://dx.doi.org/10.1111/meca.12267

Ian Steedman (Contact Author)

Manchester Metropolitan University - Department of Economics ( email )

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