Book contents
- Full Industry Equilibrium
- Full Industry Equilibrium
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Preface
- Introduction
- 1 Taking seriously the tendency to zero net profits
- 2 An isolated industry
- 2.1 Full industry equilibrium
- 2.2 An example
- 2.3 The comparative statics of FIE
- 2.4 On the relationship between input use and input price
- 2.5 On a supposed relationship between long-run output and price
- 2.6 Produced input use. A very simple case
- 2.7 A falling real price of computing power. The role of complementarity
- 2.8 Beyond twice-differentiable average cost functions. On/off inputs
- 2.9 Concluding remarks
- Book part
- Book part
- 3* Multiproduct firms
- 4 Interdependent industries
- 5 Industry-level input use. Some aftershocks from capital theory
- 6 The ‘autonomous’ components of input prices
- 7 The effects of taxation
- 8 Productivity increase
- 9 Full industry equilibrium in retrospect
- 10 Conclusions
- References
- Index
Appendices
from 2 - An isolated industry
Published online by Cambridge University Press: 05 June 2015
- Full Industry Equilibrium
- Full Industry Equilibrium
- Copyright page
- Dedication
- Contents
- Figures
- Tables
- Preface
- Introduction
- 1 Taking seriously the tendency to zero net profits
- 2 An isolated industry
- 2.1 Full industry equilibrium
- 2.2 An example
- 2.3 The comparative statics of FIE
- 2.4 On the relationship between input use and input price
- 2.5 On a supposed relationship between long-run output and price
- 2.6 Produced input use. A very simple case
- 2.7 A falling real price of computing power. The role of complementarity
- 2.8 Beyond twice-differentiable average cost functions. On/off inputs
- 2.9 Concluding remarks
- Book part
- Book part
- 3* Multiproduct firms
- 4 Interdependent industries
- 5 Industry-level input use. Some aftershocks from capital theory
- 6 The ‘autonomous’ components of input prices
- 7 The effects of taxation
- 8 Productivity increase
- 9 Full industry equilibrium in retrospect
- 10 Conclusions
- References
- Index
Summary
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- Full Industry EquilibriumA Theory of the Industrial Long Run, pp. 43 - 48Publisher: Cambridge University PressPrint publication year: 2015