arXiv · 1711.10138
Comment on Suzuki's rebuttal of Batra and Casas
Abstract
Batra and Casas (1976) claimed that 'a strong Rybczynski result' arises in the three-factor two-good general equilibrium trade model. In subsequent comments, Suzuki (1983) contended that this could not be the case. Among his comments, Suzuki found that the set of three equations holds for the Allen-partial elasticity of substitution under the assumption of perfect complementarity, and he applied these to his analysis. In the following, I demonstrate that these are impossible, hence his dissenting proof is not plausible.
Explore related subjects
Keep this discovery
Explore connections, maps & timelines
Yoshiaki Nakada. 2017-11-28. Comment on Suzuki's rebuttal of Batra and Casas. https://arxiv.org/abs/1711.10138
Cite the original work for its findings. Save a collection to share your selection of sources.