Accession Number : AD0742405

Title :   A Note on a Constant Ratio Elasticity of Substitution (CRES) Production Function,

Corporate Author : RAND CORP SANTA MONICA CALIF

Personal Author(s) : Cook,Alvin A. , Jr

Report Date : DEC 1971

Pagination or Media Count : 14

Abstract : In the paper the author derives the values of the parameters that are consistent with convex isoquants in the positive quadrant by minimizing the cost of producing a stated output. The author shows the returns to scale consistent with the possible sets of values for the parameters of the constant ratio elasticity of substituion production function. (Author)

Descriptors :   (*INDUSTRIAL PRODUCTION, *ECONOMICS), FUNCTIONS(MATHEMATICS), INEQUALITIES, MATRICES(MATHEMATICS), THEORY

Subject Categories : Economics and Cost Analysis

Distribution Statement : APPROVED FOR PUBLIC RELEASE