Reference : Do Inada conditions imply that production function must be asymptotically Cobb–Dougla...
Scientific journals : Article
Business & economic sciences : Macroeconomics & monetary economics
http://hdl.handle.net/10993/7525
Do Inada conditions imply that production function must be asymptotically Cobb–Douglas? A comment
English
Litina, Anastasia* mailto [University of Macedonia > Department of Economics]
Palivos, Theodore* mailto [University of Macedonia > Department of Economics]
* These authors have contributed equally to this work.
2008
Economics Letters
Elsevier Science
99
498-499
Yes (verified by ORBilu)
International
0165-1765
[en] Inada conditions ; Production function ; Elasticity of substitution
[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.
Researchers ; Professionals ; Students
http://hdl.handle.net/10993/7525
also: http://hdl.handle.net/10993/7532
10.1016/j.econlet.2007.09.035

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