On Quasi-Homogeneous Production Functions
Department of Information Technology, Mathematics and Physics, Petroleum-Gas University of Ploieşti, Bd. Bucureşti 39, Ploieşti 100680, Romania
Department of Cybernetics, Economic Informatics, Finance and Accountancy, Petroleum-Gas University of Ploieşti, Bd. Bucureşti 39, Ploieşti 100680, Romania
Author to whom correspondence should be addressed.
Received: 3 July 2019 / Revised: 28 July 2019 / Accepted: 30 July 2019 / Published: 1 August 2019
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In this paper, we investigate the class of quasi-homogeneous production models, obtaining the classification of such models with constant elasticity with respect to an input as well as with respect to all inputs. Moreover, we prove that a quasi-homogeneous production function f
satisfies the proportional marginal rate of substitution property if and only f
reduces to some symmetric production functions.
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MDPI and ACS Style
Vîlcu, A.-D.; Vîlcu, G.-E. On Quasi-Homogeneous Production Functions. Symmetry 2019, 11, 976.
Vîlcu A-D, Vîlcu G-E. On Quasi-Homogeneous Production Functions. Symmetry. 2019; 11(8):976.
Vîlcu, Alina-Daniela; Vîlcu, Gabriel-Eduard. 2019. "On Quasi-Homogeneous Production Functions." Symmetry 11, no. 8: 976.
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