Definition of CES Technology:
An example of CES technology, adapted from Caselli and Ventura:
For capital k, labor input n, and constant b<
Here the elasticity of substitution between capital and labor is less than
one, i.e. 1/(1-b)<1.
(Econterms)
Terms related to CES Technology:
Writing a Term Paper? Here are a few starting points for research on CES Technology:
Books on CES Technology:
Journal Articles on CES Technology:
f(k,n) = (kb + nb)1/b
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