Dynamic Factor Demands Using Intertemporal Duality

Intertemporal duality can be used for empirical research to derive a system of optimal choice functions (dynamic factor demands and output supplies) consistent with an explicity dynamic optimization framework While the literature on intertemporal duality focuses on infinite-horizon autonomous problems, many applied problems cannot be analyzed within this framework This article uses intertemporal duality to specify a system of optimal choice functions for a broader and less restrictive set of intertemporal planning problem