[PDF.61hs] The CES and Par Production Functions and Income Distribution

The CES and Par Production Functions and Income Distribution

[PDF.wf09] 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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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 can specify the type of files you want, for your device.The CES and Par Production Functions and Income Distribution   |  Lauri Tenhunen. A good, fresh read, highly recommended.

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