Measuring the Quantities of Fixed Factors
This paper appeared in the Hicks Festschrift in 1968 (Value, Capital and Growth: Essays in Honour of Sir John Hicks, ed. J. N. Wolfe. Edinburgh: Edinburgh University Press). It is a substantial generalization of ’Capital aggregation in vintage models’ (Ch. 18) and is mathematically somewhat more elegant. This time the problem is posed in terms of gross profit functions and technology sets. In addition, the problem is solved for arbitrary numbers of aggregates––a problem only touched upon in Ch. 18.
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