Article (Scientific journals)
Do Inada conditions imply that production function must be asymptotically Cobb–Douglas? A comment
LITINA, Anastasia; Palivos, Theodore
2008In Economics Letters, 99, p. 498-499
Peer reviewed
 

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Keywords :
Inada conditions; Production function; Elasticity of substitution
Abstract :
[en] We correct an intermediate mistake in Barelli and Pessôa [Barelli P. and Pessôa S. de A., 2003, “Inada conditions imply that production function must be asymptotically Cobb–Douglas,” Economics Letters 81, 361–363] and show that the main result is still valid. We also show that Barelli and Pessôa wrongly identified the class of functions with elasticity of substitution asymptotically equal to one as the Cobb–Douglas class.
Disciplines :
Macroeconomics & monetary economics
Author, co-author :
LITINA, Anastasia  ;  University of Macedonia > Department of Economics
Palivos, Theodore ;  University of Macedonia > Department of Economics
 These authors have contributed equally to this work.
Language :
English
Title :
Do Inada conditions imply that production function must be asymptotically Cobb–Douglas? A comment
Publication date :
2008
Journal title :
Economics Letters
ISSN :
0165-1765
Publisher :
Elsevier Science
Volume :
99
Pages :
498-499
Peer reviewed :
Peer reviewed
Available on ORBilu :
since 03 October 2013

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