Input-Output Production Structure and Non-Linear Production Possibility Frontier

doi:10.1007/s11424-020-9079-y

CSpace

	Input-Output Production Structure and Non-Linear Production Possibility Frontier
	Jiang, Weimin 1; Fan, Jin 1; Tian, Kailan 2
	2020-11-07
发表期刊	JOURNAL OF SYSTEMS SCIENCE & COMPLEXITY
ISSN	1009-6124
页码	18
摘要	Input-output (Leontief) production function is widely used in economic analysis. And diminishing marginal rate of return is a very well accepted economic fact. Leontief production function normally results in a linear production possibility frontier (PPF) due to its linear feature, whereas diminishing marginal rate of return implies a non-linear PPF. In this paper, the authors aim to fix this problem by considering multiple primary inputs in a simplified two-sector economy. The authors find that it is possible to curve a non-linear PPF by using Leontief production function when the authors add heterogeneous primary inputs. The authors also discuss the PPF using non-linear production function. Furthermore, the authors propose that three commonly used economic presumptions cannot hold in the same framework. These presumptions are "single primary input", "fixed-proportion inputs" and "law of diminishing marginal returns".
关键词	Input output analysis marginal rate of transformation non-substitution theorem production possibility frontier
DOI	10.1007/s11424-020-9079-y
收录类别	SCI
语种	英语
资助项目	China Postdoctoral Science Foundation[2020M671504] ; National Social Science Foundation of China[14AZD085] ; National Natural Science Foundation of China[71373106] ; National Natural Science Foundation of China[71903186]
WOS研究方向	Mathematics
WOS类目	Mathematics, Interdisciplinary Applications
WOS记录号	WOS:000587281000017
出版者	SPRINGER HEIDELBERG
引用统计
文献类型	期刊论文
条目标识符	http://ir.amss.ac.cn/handle/2S8OKBNM/52455
专题	中国科学院数学与系统科学研究院
通讯作者	Fan, Jin
作者单位	1.Nanjing Forestry Univ, Coll Econ & Management, Nanjing 210037, Peoples R China 2.Chinese Acad Sci, NCMIS, Acad Math & Syst Sci, Beijing 100190, Peoples R China
推荐引用方式 GB/T 7714	Jiang, Weimin,Fan, Jin,Tian, Kailan. Input-Output Production Structure and Non-Linear Production Possibility Frontier[J]. JOURNAL OF SYSTEMS SCIENCE & COMPLEXITY,2020:18.
APA	Jiang, Weimin,Fan, Jin,&Tian, Kailan.(2020).Input-Output Production Structure and Non-Linear Production Possibility Frontier.JOURNAL OF SYSTEMS SCIENCE & COMPLEXITY,18.
MLA	Jiang, Weimin,et al."Input-Output Production Structure and Non-Linear Production Possibility Frontier".JOURNAL OF SYSTEMS SCIENCE & COMPLEXITY (2020):18.