Elasticity of Substitution for Production Functions in Romania and other Countries

The production function is explaining the mechanism through which inputs are changed into outputs and the partial efficiency of labour and capital. It also allows for understanding the elasticity of substitution, which measures the percentage change in factor proportions due to a percentage change i...

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Bibliographic Details
Main Authors: Gheorghe Zaman, Zizi Goschin
Format: Article
Language:English
Published: General Association of Economists from Romania 2007-02-01
Series:Theoretical and Applied Economics
Subjects:
CES
Online Access: http://store.ectap.ro/articole/189.pdf