- Abstract:
- In the two-sector neoclassical production model with no factor-market distortions, the value and physical factor-intensity rankings of the two sectors may differ when the economy is out of long-run equilibrium, but such a difference does not imply any failure of convergence to long-run equilibrium.
- Publication status:
- Published
- Peer review status:
- Peer reviewed
- Publisher copy:
- 10.1016/0165-1765(79)90003-X
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- Publisher:
- North-Holland Publishing Company
- Journal:
- Economics letters Journal website
- Volume:
- 3
- Issue:
- 4
- Pages:
- 311-314
- Publication date:
- 1979-01-01
- DOI:
- ISSN:
-
0165-1765
- URN:
-
uuid:47e10f2d-4c0e-4c6a-999f-93b06b5ea564
- Local pid:
- ora:2240
- Language:
- English
- Subjects:
- Copyright holder:
- North-Holland Publishing Company
- Copyright date:
- 1979
- Notes:
- N.B. Professor Neary was based at Trinity College, Dublin when this article was first published. The full-text of the article is not currently available in ORA. Citation: Jones, R. W. & Neary, J. P. (1979). 'Temporal convergence and factor intensities', Economics Letters, 3(4), 311-314. [Available at http://www.sciencedirect.com/science/journal/01651765].
Journal article
Temporal convergence and factor intensities
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