Related papers: Some properties of a production function
The main aim of this paper is to prove the existence of a new production function with variable elasticity of factor substitution. This production function is a more general form which includes the Cobb-Douglas production function and the…
The idea of this paper comes from the famous remark of Piketty and Zuckman: "It is natural to imagine that $\sigma$ was much less than one in the eighteenth and nineteenth centuries and became larger than one in the twentieth and…
In this note we classify quasi-sum production functions with constant elasticity of production with respect to any factor of production and with proportional marginal rate of substitution.
A new energy functional for pure traction problems in elasticity has been deduced in [23] as the variational limit of nonlinear elastic energy functional for a material body subject to an equilibrated force field: a sort of Gamma limit with…
Several implications of well-known fluctuation theorems, on the statistical properties of the entropy production, are studied using various approaches. We begin by deriving a tight lower bound on the variance of the entropy production for a…
The nonlinear mechanics of a flexible elastic rod constrained at its edges by a pair of sliding sleeves is analyzed. The planar equilibrium configurations of this variable-length elastica are found to have shape defined only by the…
The main purpose of this paper is to generalize some recent results obtained by Chilarescu and Manuel Gomez. Essentially, we are trying to study the effect of elasticity of substitution on the parameters of economic growth, based on its two…
Productions functions map the inputs of a firm or a productive system onto its outputs. This article expounds generalizations of the production function that include state variables, organizational structures and increasing returns to…
This paper presents a new nested production function that is specifically designed for analyzing capital and labor intensity of manufacturing industries in developing and developed regions. The paper provides a rigorous theoretical…
We prove that when individual firms employ constant-returns-to-scale production functions, the aggregate production function defined by the maximum achievable total output given total inputs is always linear on some part of the domain. Our…
The basic concepts of the differential geometry are shortly reviewed and applied to the study of VES production function in the spirit of the works of V\^ilcu and collaborators. A similar characterization is given for a more general…
The paper presents an elaboration of some results on Lin's conditions. A new proof of the fact that if densities of independent random variables $\xi_1$ and $\xi_2$ satisfy Lin's condition, the same is true for their product is presented.…
This note proves that the representation of the Allen elasticity of substitution obtained by Uzawa for linear homogeneous functions holds true for nonhomogeneous functions. It is shown that the criticism of the Allen-Uzawa elasticity of…
Let $(\Sigma_A, \sigma)$ be a subshift of finite type and let $M(x)$ be a continuous function on $\Sigma_A$ taking values in the set of non-negative matrices. We extend the classical scalar pressure function to this new setting and prove…
The conventional functional form of the Constant-Elasticity-of-Substitution (CES) production function is a general production function nesting a number of other forms of production functions. Examples of such functions include Leontief,…
The minimum entropy production principle provides an approximative variational characterization of close-to-equilibrium stationary states, both for macroscopic systems and for stochastic models. Analyzing the fluctuations of the empirical…
This paper deals with necessary and sufficient conditions for weak and strong minimizers of functionals $\Phi(u)=\int_a^b f(x,u(x),u'(x))\,dx$, where $u\in C^1([a,b],{\mathbb R}^N)$. We first derive conditions which are simpler than the…
We deduce new properties of the orbicyclic function $E$ of several variables investigated in a recent paper by V. A. Liskovets. We point out that the function $E$ and its connection to the number of solutions of certain linear congruences…
We study the problem of minimizing the functional $$ I(\varphi)=\int\limits_{\Omega} W(x,D\varphi)\,dx $$ on a new class of mappings. We relax summability conditions for admissible deformations to $\varphi\in W^1_n(\Omega)$ and growth…
Bifurcation of an elastic structure crucially depends on the curvature of the constraints against which the ends of the structure are prescribed to move, an effect which deserves more attention than it has received so far. In fact, we show…