Title

A Note on Leontief Technology and Input Substitution

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.