The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Roundabout Methods of Production

  • K. H. Hennings
Reference work entry
DOI: https://doi.org/10.1057/978-1-349-95189-5_1584

Abstract

Methods of production are roundabout if they use produced means of production or the services of capital goods as well as those of land and labour, the latter being considered original or primary factors of production.

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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • K. H. Hennings
    • 1
  1. 1.