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dc.contributor.authorEgbert, Henriken_US
dc.contributor.authorNaqvi, Nadeemen_US
dc.date.accessioned2011-11-10en_US
dc.date.accessioned2012-04-04T13:56:48Z-
dc.date.available2012-04-04T13:56:48Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/56594-
dc.description.abstractA country's production possibility frontier or PPF is defined as the boundary of its economy's production set in the net output space for a given technology and fixed quantities of primary factors of production. In general equilibrium theory, exogenous changes in technology or primary-factor supplies alter equilibrium prices; however, government-policy induced domestic relative commodity price changes do not alter the shape of an economy's production set. We show that, under international capital mobility, which is empirically significant, the shape of a country's production set does, in fact, depend on market forces and this shape can be manipulated by government policy.en_US
dc.language.isoengen_US
dc.publisherUniv., Dep. of Business Administration & Economics Marburgen_US
dc.relation.ispartofseriesJoint discussion paper series in economics 45-2011en_US
dc.subject.jelA20en_US
dc.subject.jelD50en_US
dc.subject.jelE23en_US
dc.subject.jelF11en_US
dc.subject.jelF21en_US
dc.subject.ddc330en_US
dc.subject.keywordgeneral equilibriumen_US
dc.subject.keywordproduction possibility frontieren_US
dc.subject.keywordproduction seten_US
dc.subject.keywordinternational capital mobilityen_US
dc.subject.keywordeconomic policyen_US
dc.subject.stwTechnische Effizienzen_US
dc.subject.stwAllgemeines Gleichgewichten_US
dc.subject.stwKapitalmobilitäten_US
dc.subject.stwWirtschaftspolitiken_US
dc.subject.stwTheorieen_US
dc.titleMarket-dependent production seten_US
dc.typeWorking Paperen_US
dc.identifier.ppn671916106en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:MAGKS Joint Discussion Paper Series in Economics, Universität Marburg

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