Technological choice generating normalized CES production functions

0450199 - NHU-C 2016 CH eng C - Conference Paper (international conference)
Matveenko, Andrei - Matveenko, V.
Technological choice generating normalized CES production functions.
Conference on Dynamics, Economic Growth, and International Trade (DEGIT). Vol. 20. Genève: DEGIT Virtual Research Center, 2015, s. 1-33.
[DEGIT /20./. Genève (CH), 03.09.2015-04.09.2015]
R&D Projects: GA MŠMT(CZ) SVV260126
Institutional support: PRVOUK-P23
Keywords : technological сhoice * CES production
Subject RIV: AH - Economics
https://www.unige.ch/degit/sessions-details/

We introduce a concept of a family of normalized technological menus and use it to derive a series of new properties of normalized CES production functions. Special attention is devoted to families of functions which are induced by some other production function and, symmetrically, to families of technological menus which are induced by some other technological menu. We study duality of these objects and demonstrate their relationship to some results known in the literature on production functions: the production function with “variable” elasticity of substitution introduced by Antony (2009) and the representation of the Cobb-Douglas function used by Jones (2005).
Permanent Link: http://hdl.handle.net/11104/0251635