Elasticities of Substitution and the Theory of Derived Demand.
The concept of elasticity of substitution (ES) was originally introduced to represent a proportionate change in ratio of two factors corresponding to a proportionate change in their marginal rate of substitution or in their price ratio. The ACMS paper on CES production function [2] has revived inter...
| Publicado en: | Review of Economic Studies Vol. 35; no. 2; pp. 225 - 237 |
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| Formato: | Artículo |
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Oxford University Press / USA
Apr68
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| Acceso en línea: | Ver este registro en EBSCOhost |