Elasticity of substitution, technical progress and returns to scale in branches of Soviet industry: A new CES production function approach
提出并检验了一种新的CES生产函数方法,利用苏联五大工业部门的数据,发现除食品加工业外,柯布-道格拉斯生产函数适用于所有部门。
Abstract This study introduces and tests a new CES production function approach using data from five major branches of the Soviet industrial sector. The estimated equations obtained suggest that the Cobb‐Douglas production function is the appropriate production function for all branches under consideration except Food Processing.