Investment Functions: Which Production Function?

J.C.R. Rowley
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J.C.R. Rowley: Queen's University

No 6, Working Paper from Economics Department, Queen's University

Abstract: In this paper, an approximation is suggested whereby the alternative C.E.S. form can be fitted as a number of additional corrections to the final expression associated with the Cobb-Douglas form. Some numerical results are tabulated, and these indicate that, for the British Economy at least, the specification of a Cobb-Douglas form for the production function is inappropriate.

Pages: 13 pages
Date: 1969-11
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http://qed.econ.queensu.ca/working_papers/papers/qed_wp_6.pdf First version 1969 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:qed:wpaper:6

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