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Some Characterizations of the Cobb-Douglas and CES Production Functions in Microeconomics
Joint Authors
Source
Issue
Vol. 2013, Issue 2013 (31 Dec. 2013), pp.1-6, 6 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2013-12-24
Country of Publication
Egypt
No. of Pages
6
Main Subjects
Abstract EN
It is well known that the study of the shape and the properties of the production possibility frontier is a subject of great interest in economic analysis.
Vîlcu (Vîlcu, 2011) proved that the generalized Cobb-Douglas production function has constant return to scale if and only if the corresponding hypersurface is developable.
Later on, the authors A.
D.
Vîlcu and G.
E.
Vîlcu, 2011 extended this result to the case of CES production function.
Both results establish an interesting link between some fundamental notions in the theory of production functions and the differential geometry of hypersurfaces in Euclidean spaces.
In this paper, we give some characterizations of minimal generalized Cobb-Douglas and CES production hypersurfaces in Euclidean spaces.
American Psychological Association (APA)
Wang, Xiaoshu& Fu, Yu. 2013. Some Characterizations of the Cobb-Douglas and CES Production Functions in Microeconomics. Abstract and Applied Analysis،Vol. 2013, no. 2013, pp.1-6.
https://search.emarefa.net/detail/BIM-496734
Modern Language Association (MLA)
Wang, Xiaoshu& Fu, Yu. Some Characterizations of the Cobb-Douglas and CES Production Functions in Microeconomics. Abstract and Applied Analysis No. 2013 (2013), pp.1-6.
https://search.emarefa.net/detail/BIM-496734
American Medical Association (AMA)
Wang, Xiaoshu& Fu, Yu. Some Characterizations of the Cobb-Douglas and CES Production Functions in Microeconomics. Abstract and Applied Analysis. 2013. Vol. 2013, no. 2013, pp.1-6.
https://search.emarefa.net/detail/BIM-496734
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-496734