On Homogeneous Production Functions with Proportional Marginal Rate of Substitution

Alina Daniela Vîlcu and Gabriel Eduard Vîlcu

Mathematical Problems in Engineering, 2013, vol. 2013, 1-5

Abstract:

We completely classify homogeneous production functions with proportional marginal rate of substitution and with constant elasticity of labor and capital, respectively. These classifications generalize some recent results of C. A. Ioan and G. Ioan (2011) concerning the sum production function.

Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnlmpe:732643

DOI: 10.1155/2013/732643

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