SUBSTITUTION AND COMPLEMENTARITY WITH NESTED PRODUCTION

Authors
ANDERSON RK MORONEY JR
Citation
Rk. Anderson et Jr. Moroney, SUBSTITUTION AND COMPLEMENTARITY WITH NESTED PRODUCTION, Economics letters, 40(3), 1992, pp. 291-297
Citations number
5
Categorie Soggetti
Economics
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
40
Issue
3
Year of publication
1992
Pages
291 - 297
Database
ISI
SICI code
0165-1765(1992)40:3<291:SACWNP>2.0.ZU;2-Q
Abstract
Nested technologies, generated by weakly separable production structur es, are pervasive in multi-stage processes. This letter utilizes duali ty to isolate three distinct effects of price-induced changes in facto r demand to analyze substitutability and complementarity; economic imp lications for domestic content are noted.