By-Products

Londero, Elio (2000): By-Products. Published in: Economic Systems Research , Vol. 13, No. 1 (2001): pp. 35-45.

Abstract

This paper distinguishes between by-products of the activity and those associated to changes in the demand for another jointly-produced output, attempts to define when one or more jointly-produced outputs would be by-products of the activity and others would be produced at the margin, and explores the conditions that would result in one or more jointly-produced outputs to be, or behave like, by-products of the activity. These conditions are expected to help in sorting out by-products from marginally produced outputs in the preparation of cost structures for analytic work.

• Item Type: MPRA Paper
• Language: English
• Keywords: by-products; input-output; joint production
• Subjects: C - Mathematical and Quantitative Methods > C8 - Data Collection and Data Estimation Methodology ; Computer Programs > C81 - Methodology for Collecting, Estimating, and Organizing Microeconomic Data ; Data Access; D - Microeconomics > D2 - Production and Organizations > D20 - General; D - Microeconomics > D5 - General Equilibrium and Disequilibrium > D57 - Input-Output Tables and Analysis

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