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Accession Number:
AD0269735
Title:
PRODUCTION FUNCTIONS WITH CONSTANT ELASTICITIES OF SUBSTITUTION
Corporate Author:
STANFORD UNIV CALIF APPLIED MATHEMATICS AND STATISTICS LABS
Report Date:
1961-12-15
Abstract:
The class of production functions for which elasticities of substitution are all constant regardless of factor prices is discussed. Let fx1,x2 be a production function where x1 and x2 respectively represent the amounts of factors 1 and 2 employed. Production is assumed to be subject to constant returns to scale and to diminishing marginal rates of substitution. Author
Pages:
0001
Contract Number:
NONR22550
File Size:
0.00MB
