Inada conditions imply that production function must be asymptotically Cobb-Douglas
We show that every twice-continuously differentiable and strictly concave function f : R+ → R+ can be bracketed between two C.E.S. functions at each open interval. In particular, for the Inada conditions to hold, a production function must be asymptotically Cobb-Douglas.
|Date of creation:||25 Mar 2003|
|Contact details of provider:|| Postal: Praia de Botafogo 190, sala 1100, Rio de Janeiro/RJ - CEP: 22253-900|
Web page: http://epge.fgv.br
More information through EDIRC
- repec:ebl:ecbull:v:3:y:2007:i:9:p:1-8 is not listed on IDEAS
- Suen, Richard M. H., 2009.
"Bounding the CRRA Utility Functions,"
13260, University Library of Munich, Germany.
- Richard M. H. Suen, 2009. "Bounding the CRRA Utility Functions," Working Papers 200902, University of California at Riverside, Department of Economics, revised Feb 2009.
- Ohanian, Lee E. & Restrepo-Echavarria, Paulina & Wright, Mark L. J., 2015. "Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America," Working Paper Series WP-2015-8, Federal Reserve Bank of Chicago, revised 04 Nov 2015.
- Lee E. Ohanian & Paulina Restrepo-Echavarria & Mark L. J. Wright, 2015. "Bad Investments and Missed Opportunities? Postwar Capital Flows to Asia and Latin America," NBER Working Papers 21744, National Bureau of Economic Research, Inc.
- Ohanian, Lee E. & Restrepo-Echavarria, Paulina & Wright, Mark L. J., 2013. "Bad Investments and Missed Opportunities? Capital Flows to Asia and Latin America, 1950-2007," Working Papers 2014-38, Federal Reserve Bank of St. Louis, revised 16 May 2017.
- Paulina Restrepo-Echavarria & Mark Wright & Lee Ohanian, 2015. "Bad Investments and Missed Opportunities? Capital Flows to Asia and Latin America, 1950-2007," 2015 Meeting Papers 1377, Society for Economic Dynamics.
- Litina, Anastasia & Palivos, Theodore, 2010. "The Behavior Of The Saving Rate In The Neoclassical Optimal Growth Model," Macroeconomic Dynamics, Cambridge University Press, vol. 14(04), pages 482-500, September.
- Anastastia Litina & Theodore Palivos, 2008. "The Behaviour of the Saving Rate in the Neoclassical Optimal Growth Model," Discussion Paper Series 2008_05, Department of Economics, University of Macedonia, revised Jun 2008.
- Stefan baumgärtner, 2004. "The Inada Conditions for Material Resource Inputs Reconsidered," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 29(3), pages 307-322, November.
- Alcalá, Luis A., 2014. "On the relation between regular variation and the asymptotic elasticity of substitution," Economics Letters, Elsevier, vol. 125(1), pages 29-31.
- Gilberto Gonz\'alez-Parra & Benito Chen-Charpentier & Abraham J. Arenas & Miguel Diaz-Rodriguez, 2015. "Mathematical modeling of physical capital using the spatial Solow model," Papers 1504.04388, arXiv.org.
- Jürgen Antony, 2010. "A class of changing elasticity of substitution production functions," Journal of Economics, Springer, vol. 100(2), pages 165-183, June.
- Richard Green and Nicholas Vasilakos, 2012. "Storing Wind for a Rainy Day: What Kind of Electricity Does Denmark Export?," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
- Richard Green & Nicholas Vasilakos, 2010. "Storing Wind for a Rainy Day: What Kind of Electricity Does Denmark Export?," Discussion Papers 10-19, Department of Economics, University of Birmingham.
- Constantin Chilarescu & Nicolas Vaneecloo, 2007. "A Stochastic Approach to the Cobb-Douglas Production Function," Economics Bulletin, AccessEcon, vol. 3(9), pages 1-8.
- Nicolas Vaneecloo & Constantin Chilarescu, 2007. "A stochastic approach to the Cobb-Douglas Production Function," Post-Print halshs-00284915, HAL.
- Wahl, Jack E. & Broll, Udo, 2009. "Mitigation of foreign Direct investment risk and hedging," Dresden Discussion Paper Series in Economics 13/09, Technische Universität Dresden, Faculty of Business and Economics, Department of Economics.
- David I. Stern and Astrid Kander, 2012. "The Role of Energy in the Industrial Revolution and Modern Economic Growth," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3).
- David I. Stern & Astrid Kander, 2011. "The Role of Energy in the Industrial Revolution and Modern Economic Growth," CAMA Working Papers 2011-01, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
When requesting a correction, please mention this item's handle: RePEc:fgv:epgewp:477. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Núcleo de Computação da FGV/EPGE)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.
Follow series, journals, authors & more
New papers by email
Subscribe to new additions to RePEc
Public profiles for Economics researchers
Various rankings of research in Economics & related fields
Who was a student of whom, using RePEc
Curated articles & papers on various economics topics
Upload your paper to be listed on RePEc and IDEAS
Blog aggregator for economics research
Cases of plagiarism in Economics
Job Market Papers
RePEc working paper series dedicated to the job market
Pretend you are at the helm of an economics department
Services from the StL Fed
Data, research, apps & more from the St. Louis Fed