On Transferable Machines

16 Pages Posted: 3 Jun 2016

Date Written: July 2016

Abstract

To avoid the intricacies of pure joint production, it is usually assumed that machines cannot be transferred across industries. Salvadori, however, identified a case in which productive systems with transferable machines have the same properties as those with non‐transferable machines. We reinterpret Salvadori's condition and proceed to a comparative analysis of the two types of models, which explains why some properties still hold while others are lost.

Suggested Citation

Bidard, Christian, On Transferable Machines (July 2016). Metroeconomica, Vol. 67, Issue 3, pp. 513-528, 2016, Available at SSRN: https://ssrn.com/abstract=2789227 or http://dx.doi.org/10.1111/meca.12108

Christian Bidard (Contact Author)

Université Paris X Nanterre ( email )

Room G301, Building G
92001 Nanterre Cedex, 92001
France

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