A Note on CES Functions

The most commonly used parameterizations of constant elasticity of substitution functions (CES) have the disadvantage that the share parameter has no meaningful interpretation over the range of possible elasticities of substitution. This note introduces a slightly reformulated CES function which avoids the problem

MoreLess

Year of publication:	2017
Authors:	Thöni, Christian
Publisher:	[2017]: [S.l.] : SSRN
Subject:	Theorie \| Theory \| CES-Produktionsfunktion \| CES production function \| Produktionsfunktion \| Production function

Extent:	1 Online-Ressource (6 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Thöni, C In: 2015. A Note on CES Functions. Journal of Behavioral and Experimental Economics, 59: 85-87 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments October 8, 2015 erstellt
Classification:	D12 - Consumer Economics: Empirical Analysis ; D24 - Production; Capital and Total Factor Productivity; Capacity
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012945698