RAS Social ScienceЭкономика и математические методы Economics and the Mathematical Methods

  • ISSN (Print) 0424-7388
  • ISSN (Online) 3034-6177

"ANATOMY" OF THE PRODUCTION FUNCTION: TECHNOLOGICAL MENU AND SELECTION OF THE BEST TECHNOLOGY

PII
S042473880000616-6-1
DOI
10.7868/S0000616-6-1
Publication type
Article
Status
Published
Authors
Volume/ Edition
Volume / Issue №2
Pages
85-95
Abstract
The paper studies a representation of a “global” production function as a maximum of local production functions under a choice of technological coefficients from a given set – a technological menu. It is shown that such a representation takes place if the technological menu is a support set of the global production function. A representation of global Cobb-Douglas and CES production functions in such form is considered in details.
Keywords
-
Date of publication
01.04.2009
Year of publication
2009
Number of purchasers
0
Views
912

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At the Ministry of Education and Science of the Russian Federation

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