Munich Personal RePEc Archive


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

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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.

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