EconPapers    
Economics at your fingertips  
 

Anatomy of production functions: a technological menu and a choice of the best technology

Vladimir Matveenko ()
Additional contact information
Vladimir Matveenko: Institute for Economics and Mathematics - Russian Academy of Sciences

Authors registered in the RePEc Author Service: Владимир Матвеенко

Economics Bulletin, 2010, vol. 30, issue 3, 1906-1913

Abstract: Jones (2005) proposed microfoundations for the Cobb-Douglas production function. We show that Jones' technological menu is a special case of a concept of support set discussed by Matveenko (1997) and Rubinov, Glover (1998) by use of a duality approach. We use this approach to clarify the relation between different production functions and technological menus. Also we construct an "ideas model" generating CES production function.

Keywords: Production function; technological menu; Leontief function; Cobb-Douglas function; CES function; duality; support set (search for similar items in EconPapers)
JEL-codes: O4 E1 (search for similar items in EconPapers)
Date: 2010-07-20
References: Add references at CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed

Downloads: (external link)
http://www.accessecon.com/Pubs/EB/2010/Volume30/EB-10-V30-I3-P173.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-10-00201

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().

 
Page updated 2020-11-23
Handle: RePEc:ebl:ecbull:eb-10-00201