Article ID Journal Published Year Pages File Type
965517 Journal of Macroeconomics 2012 10 Pages PDF
Abstract
► This paper examines the normalization of CES production functions. ► Some uses of normalization in the theoretical literature are criticized. ► The paper criticizes the idea that the elasticity of substitution is a deep parameter.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Authors
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