Functional form and new production functions: some comments and a new VES function
- 28 July 1991
- journal article
- research article
- Published by Taylor & Francis in Applied Economics
- Vol. 23 (7) , 1247-1250
- https://doi.org/10.1080/00036849100000164
Abstract
This paper discusses new production function forms which are devised to generalise two restrictive features of the maintained hypotheses concerning homogeneity and the substitution effect of the original ACMS function.Keywords
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