Browsing FGV EPGE - Ensaios Econômicos by Title "Inada conditions imply that production function must be asymptotically Cobb-Douglas"
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Inada conditions imply that production function must be asymptotically Cobb-Douglas
2003-03-25We show that every twice-continuously differentiable and strictly concave function f : R+ → R+ can be bracketed between two C.E.S. functions at each open interval. In particular, for the Inada conditions to hold, a production ...


