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Erschienen in:
2009 | OriginalPaper | Buchkapitel
Microeconomic Foundations
Erschienen in: Waste Input-Output Analysis
Verlag: Springer Netherlands
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This chapter provides some basics of microeconomics that are closely related to IOA. First, some basic concepts of great relevance to IOA in microeconomics, such as the concept of production- and cost functions, will be discussed. When it comes to practical application, general concepts need to be specified in order to be quantitatively implemented to real data. Issues related to the specification of technology in microeconomics constitute the second topic of this chapter. Some remarks on CGE (the Computable General Equilibrium model) with regard to its specification of technology will also be made. Finally, the microeconomic characteristics of IOA will be derived.