Fixed Capital in the Corn‐Tractor Model
8 Pages Posted: 29 May 2020
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: 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
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