Title: Investment Functions: Which Production Function?
Abstract: In this paper, an approximation is suggested whereby the alternative C.E.S. form can be fitted as a number of additional corrections to the final expression associated with the Cobb-Douglas form. Some numerical results are tabulated, and these indicate that, for the British Economy at least, the specification of a Cobb-Douglas form for the production function is inappropriate.
Publication Year: 1969
Publication Date: 1969-11-01
Language: en
Type: preprint
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