Title of article :
A note on the Boyd-McKenzie theorem
Author/Authors :
Ning Sun، نويسنده , , Sho-Ichiro Kusumoto، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 1997
Abstract :
This note constructs two examples to show that McKenzieʹs method of introducing the so-called ‘artificial entrepreneurial factorsʹ is not necessarily valid for the infinite horizon model of Boyd and McKenzie
Keywords :
Constant returns to scale , Diminishing returns to scale , Artificial entrepreneurial factors , Existence theorem
Journal title :
Economics Letters
Journal title :
Economics Letters
