On Homogeneous Production Functions with Proportional Marginal Rate of Substitution-Reference-Cited by-同舟云学术

On Homogeneous Production Functions with Proportional Marginal Rate of Substitution

Published:2013 Issue: Volume:2013 Page:1-5
ISSN:1024-123X
Container-title:Mathematical Problems in Engineering
language:en
Short-container-title:Mathematical Problems in Engineering

Author:

Vîlcu Alina Daniela¹,Vîlcu Gabriel Eduard²³

Affiliation:

1. Department of Information Technology, Mathematics and Physics, Petroleum-Gas University of Ploieşti, Bulevardul Bucureşti No. 39, 100680 Ploieşti, Romania

2. Faculty of Mathematics and Computer Science, Research Center in Geometry, Topology and Algebra, University of Bucharest, Street Academiei No. 14, Sector 1, 70109 Bucharest, Romania

3. Department of Mathematical Modelling, Economic Analysis and Statistics, Petroleum-Gas University of Ploieşti, Bulevardul Bucureşti No. 39, 100680 Ploieşti, Romania

Abstract

We completely classify homogeneous production functions with proportional marginal rate of substitution and with constant elasticity of labor and capital, respectively. These classifications generalize some recent results of C. A. Ioan and G. Ioan (2011) concerning the sum production function.

Funder

National Research Council, Romania

Publisher

Hindawi Limited

Subject

General Engineering,General Mathematics

Link

http://downloads.hindawi.com/journals/mpe/2013/732643.pdf

Reference20 articles.

1. Impact of trophic interactions on production functions and on the ecosystem response to fishing: A simulation approach

2. Estimation of a frontier production function for the South Carolina educational process

3. The application of production functions to the higher education system — some examples from Portuguese universities