A Note on Leontief Technology and Input Substitution

Authors

Mohamed A. El-Hodiri, University of Kansas
Farrokh Nourzad, Marquette UniversityFollow

Document Type

Article

Language

eng

Format of Original

2 p.

Publication Date

2-1988

Publisher

Wiley

Source Publication

Journal of Regional Science

Source ISSN

0022-4146

Abstract

If Leontief systems are considered to be descriptions of optimizing behavior and if their technical coefficients are derived from accounting data, then the constancy of the input-output coefficients is equivalent to assuming a generalized Cobb-Douglas production function and profit maximization.

Comments

Journal of Regional Science, Vol. 28, No. 1 (February 1988): 119-120. DOI.

Recommended Citation

El-Hodiri, Mohamed A. and Nourzad, Farrokh, "A Note on Leontief Technology and Input Substitution" (1988). Economics Faculty Research and Publications. 173.
https://epublications.marquette.edu/econ_fac/173