Abstract

In this paper the assumption of a linearly homogeneous production function in the cod harvesting industry is relaxed. Scale-dependent coefficients are used where the input–output coefficients are allowed to vary with the production. The study concludes that the impact is not very sensitive to relaxing the assumption of linearly homogeneous production functions.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.