Abstract
So far, in Table 1.2 of the marketable ≒ monetary ≒ pecuniary external economies: Number 1 and in Fig. 4.2 of Number 2, in which the case where has not the technological external economies induced at the stage on the way is taken up, contrarily here as the Number 3 of the marketable external economies, the case where there exists the technological–marketable external economies induced at the stage on the way comes to be the main subject; that is, which is the analysis as to k a1 → k a2, k b1 → k b2, k c1 → k c2, k d1 → k d2, and subsequent price fall (p 1 → p 4) β (hereinafter, see Kohno [1], pp. 8–29); for the price p 4, see note (4) of Fig. 5.1).
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Notes
- 1.
For example, recall the running service on the expressway, which the individual user can by no means produce.
- 2.
For the amplified process, see 5.4.3.
- 3.
These are the expression of general equilibrium solution.
- 4.
By this, the difference benefits (pure benefits) before and after the advent of the expressway system are expressed.
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Kohno, H. (2016). Formation Process of Marshallian External Economies: Number 3—Technological and Marketable Propagation/Diffusion of the “Technological External Economies”. In: Economic Effects of Public Investment. New Frontiers in Regional Science: Asian Perspectives, vol 1. Springer, Tokyo. https://doi.org/10.1007/978-4-431-55224-6_5
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