4.5 Article

On Quasi-Homogeneous Production Functions

Journal

SYMMETRY-BASEL
Volume 11, Issue 8, Pages -

Publisher

MDPI
DOI: 10.3390/sym11080976

Keywords

production function; quasi-homogeneous production model; marginal rate of substitution; elasticity of production

Ask authors/readers for more resources

In this paper, we investigate the class of quasi-homogeneous production models, obtaining the classification of such models with constant elasticity with respect to an input as well as with respect to all inputs. Moreover, we prove that a quasi-homogeneous production function f satisfies the proportional marginal rate of substitution property if and only f reduces to some symmetric production functions.

Authors

I am an author on this paper
Click your name to claim this paper and add it to your profile.

Reviews

Primary Rating

4.5
Not enough ratings

Secondary Ratings

Novelty
-
Significance
-
Scientific rigor
-
Rate this paper

Recommended

No Data Available
No Data Available