Some characterizations of the quasi-sum production models with proportional marginal rate of substitution
Alina Daniela V\^ilcu, Gabriel Eduard V\^ilcu
TL;DR
This paper classifies quasi-sum production functions that have constant elasticity and proportional marginal rate of substitution, providing a clearer understanding of their mathematical structure.
Contribution
It offers a new classification of quasi-sum production functions with specific elasticity and substitution properties, advancing theoretical knowledge.
Findings
Characterization of quasi-sum production functions with constant elasticity
Identification of conditions for proportional marginal rate of substitution
Enhanced understanding of production function structures
Abstract
In this note we classify quasi-sum production functions with constant elasticity of production with respect to any factor of production and with proportional marginal rate of substitution.
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