Abstract
In their pioneering article Arrow, Chenery, Minhas and Solow (1961) introduced the two-factor C.E.S. production function:
in which: V: value added; K: capital; and L: labour.
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© 1982 Springer-Verlag Berlin Heidelberg
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de Boer, P.M.C. (1982). Constant Elasticities of Substitution Class of Production Functions. In: Price Effects in Input-Output Relations: A Theoretical and Empirical Study for the Netherlands 1949–1967. Lecture Notes in Economics and Mathematical Systems, vol 201. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-46460-7_3
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DOI: https://doi.org/10.1007/978-3-642-46460-7_3
Publisher Name: Springer, Berlin, Heidelberg
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