Munich Personal RePEc Archive

By-Products

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

[img]
Preview
PDF
MPRA_paper_85368.pdf

Download (158kB) | Preview

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.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.