Abstract
Karl-Gustaf Löfgrena, Chuan-Zhong LibAuthor informationa School of Economics, Umeå University, Umeå 901 87, Sweden b Department of Economics, Uppsala University, Uppsala 751 05, and The Beijer Institute,Royal Swedish Academy of Sciences, Stockholm 104 05, SwedenE-mail: Chuanzhong.Li@nek.uu.se (Chuan-Zhong Li, corresponding author)AbstractThis paper reviews some historical development and modern applicationsof the envelope theorems in economics from a static to a dynamic context. First, weshow ho
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