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The Pari-Passu Law

  • Ragnar Frisch
Chapter

Abstract

In Section 5f we defined the term passus coefficient. A pari-passu law is a production law in which the passus coefficient is equal to 1 for every factor combination. Thus with the pari-passu law we have as per definition the identity
$$\varepsilon = 1$$
(7a.1)
, for all values of v 1, ..., v n.

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References

  1. 1.
    Cf. some other form of variation which, in the sense of a necessary and sufficient condition, will reveal the same feature as the proportions factor variation.Google Scholar
  2. 1.
    Use the rule for the differentiation of a function of a function.Google Scholar
  3. 1.
    Cf. (5c.4).Google Scholar
  4. 1.
    Cf. Section 5c.Google Scholar

Copyright information

© Springer Science+Business Media Dordrecht 1965

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  • Ragnar Frisch

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