Anatomy of production functions: a technological menu and a choice of the best technology

Jones (2005) proposed microfoundations for the Cobb-Douglas production function. We show that Jones' technological menu is a special case of a concept of support set discussed by Matveenko (1997) and Rubinov, Glover (1998) by use of a duality approach. We use this approach to clarify the relati...

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Veröffentlicht in:	Economics bulletin 2010, Vol.30 (3), p.1906-1913
1. Verfasser:	Matveenko, Vladimir
Format:	Artikel
Sprache:	eng
Schlagworte:	CES function Cobb-Douglas function duality Leontief function Production function support set technological menu
Online-Zugang:	Volltext
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