Aggregation of Heterogeneous Goods in Models of the von Neumann Variety.

摘要

The paper presents the aggregation of heterogeneous production into a homogenous one in an economy described by a General Equilibrium model of the von Neumann type (a KMT model and final demand). The resulting aggregated model will be of the von Neumann-Leontief type. Two cases are considered, one in which the final demand is given by a vector of parameters, and another case which has a final demand function.