[PDF.02zb] The CES and Par Production Functions and Income Distribution

The CES and Par Production Functions and Income Distribution

[PDF.vf58] The CES and Par Production Functions and Income Distribution

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 |  2013-12-31 |  2013-12-31 | Original language:English | PDF # 1 |  8.66 x.28 x5.91l,.42 | File type: PDF | 124 pages

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||About the Author|In this work we compare the CES Production Technology to the Par Production Technology. The comparison is done by using the neoclassical concepts of production theory. As the Par Production Technology is mathematically an economical generalisati

The present study introduces the Par Production Technology. The CES and Par Production Technologies differ most in the following feature. In CES Technology the ratio of the income shares is not limited and the shares vary from 0 to 1 or vice versa depending on the ratio of (the two) inputs. In Par Technology the ratio of the income shares is finite and the limits are controlled by the distribution limit parameter(s). Both technologies supply a different system for the op...

You easily download any file type for your device.The CES and Par Production Functions and Income Distribution   |  Lauri Tenhunen. I have read it a couple of times and even shared with my family members. Really good. Couldnt put it down.

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