Concavity of the CES function via the power mean inequality

Vittorio Larocca and Luca Panaccione

No 239, Working Papers in Public Economics from Department of Economics and Law, Sapienza University of Roma

Abstract: In this note, we analyze the concavity, and the convexity, of the constant elasticity of substitution (CES) function by means of the power mean inequality

Keywords: CES function; concavity; gradient inequality; power mean inequality (search for similar items in EconPapers)
JEL-codes: D10 D20 (search for similar items in EconPapers)
Pages: 7
Date: 2023-05
New Economics Papers: this item is included in nep-des
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