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Showing papers by "Indian Institute of Management Calcutta published in 1975"


Journal ArticleDOI
TL;DR: In this paper, the authors investigate the implications of introducing nontraded intermediate inputs into the standard Swedish-Samuelson framework and study the modifications, if any, that will be necessary for the modifications.
Abstract: Since Bhagwati 1 pointed to the exclusion of intermediate goods as the major limitation of conventional trade theory, a large body of literature has developed to trace out the implications of introducing intermediate goods. However, by looking into the existing literature, one will find that intermediate inputs have always been introduced in either of two ways, both of which preserve the essential features of a two-commodity production model. Some (e.g., Jones 2) have just added a domestically nonproduced imported input to the usual two(tradeable) -product-two-factor model, whereas others (e.g., Kemp 3 and Vanek 4) have introduced intermediate inputs by permitting interindustry flows between the two traded-good industries. But no writer so far seems to have studied the implications of the existence of nontraded intermediate goods for the conventional trade theory results. Although, in recent years, the validity (and necessary modifications) of some of these results in the presence of a nontraded sector has been investigated by some writers (e.g., Komiya 5 and Kemp,6) they have always assumed the nontradeable to be a "pure" final commodity. The major purpose of the present paper is to investigate the implications of introducing nontraded intermediate inputs into the standard Swedish-Samuelson framework. To be more specific, we shall study the modifications, if any, that will be necessary for the

11 citations


Journal ArticleDOI
TL;DR: The linear decision rule method for aggregate production scheduling developed by the well-known HMMS model is frequently mentioned in the production management literature and alternative methods of building reliability measures through the sales constraint are discussed in this article.
Abstract: The linear decision rule method for aggregate production scheduling developed by the well-known HMMS model is frequently mentioned in the production management literature. Alternative methods of building reliability measures through the sales constraint are discussed here and the resulting programming models are numerically solved and their operational implications indicated.

4 citations