Factor-supply responses and the gross-substitute system.

Factor-supply responses and the gross-substitute system by Tapan Biswas Download PDF EPUB FB2

Mathematical Social Sciences 9 () North-Holland NOTE FACTOR-SUPPLY RESPONSES AND THE GROSS-SUBSTITUTE SYSTEM Tapan BISWAS University of Hull, Hull HU6 7RX, U.K. Communicated by F.W. Roush Received 29 October Although the inputs are not normally gross-substitutes in their demand, the Jacobian matrix of all excess demand functions, Author: Tapan Biswas.

Although the inputs are not normally gross-substitutes in their demand, the Jacobian matrix of all excess demand functions, corresponding to both outputs and inputs, may satisfy the gross-substitute requirements if, apart from the final goods being gross-substitutes in their demand, all inputs are substitutes in : Tapan Biswas.

Downloadable. (Originally published in Mathematical Social Sciences 9 (), ) - Although the inputs are not normally gross-substitutes in their demand, the Jacobian matrix of all excess demand functions, corresponding to both outputs and inputs, may satisfy the gross- substitute requirements if, apart from the final goods being gross-substitutes in their demand, all inputs are.

Downloadable (with restrictions). (Originally published in Mathematical Social Sciences 9 (), ) - Although the inputs are not normally gross-substitutes in their demand, the Jacobian matrix of all excess demand functions, corresponding to both outputs and inputs, may satisfy the gross- substitute requirements if, apart from the final goods being gross-substitutes in their demand.

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Gottesman Foreword by Kenneth J. Arrow 1 1 Great Clarendon Street, Oxford OX2 6DP Oxford University Press is a department of the University of Oxford. An increase in net export earnings increases the reserves of the banking system and the level of domestic credit. The foreign assets of the banking system were per cent of the money supply inthe year of the first devaluation.

They increased to per cent inafter four years of unprecedented growth of export proceeds.