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Production Functions

2 Posts
1 Sections
1 Types

Definitions

Constant Elasticity of Substitution (CES)

Economics Elasticity Utility Functions Production Functions

A detailed exploration of the constant elasticity of substitution, its definitions, concepts, historical context, and analytical frameworks.

Read more about Constant Elasticity of Substitution (CES).

Definitions

Labour-Augmenting Technical Progress

Economics Technical Progress Labour Economics Production Functions

Technical progress that increases the effective labour input in production functions.

Read more about Labour-Augmenting Technical Progress.