Technological choice generating normalized CES production functions
1.
SYSNO ASEP
0450199
Document Type
C - Proceedings Paper (int. conf.)
R&D Document Type
The record was not marked in the RIV
Title
Technological choice generating normalized CES production functions
Author(s)
Matveenko, Andrei (NHU-C) Matveenko, V. (RU)
Source Title
Conference on Dynamics, Economic Growth, and International Trade (DEGIT), 20. - Genève : DEGIT Virtual Research Center, 2015
Pages
s. 1-33
Number of pages
33 s.
Publication form
Online - E
Action
DEGIT /20./
Event date
03.09.2015-04.09.2015
VEvent location
Genève
Country
CH - Switzerland
Event type
WRD
Language
eng - English
Country
CH - Switzerland
Keywords
technological сhoice ; CES production
Subject RIV
AH - Economics
R&D Projects
SVV260126 GA MŠMT - Ministry of Education, Youth and Sports (MEYS)
Institutional support
NHU-C - PRVOUK-P23
Annotation
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).
Workplace
Economics Institute - CERGE
Contact
Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122
Year of Publishing
2016
Number of the records: 1
This site uses cookies to make them easier to browse. Learn more about
how we use cookies.