A Simple Proof of the Sato Proposition on Non-Homothetic Ces Functions
Posted: 18 Oct 1999
Abstract
Based on some elementary results on duality, the paper proposes a much simpler way of deriving the class of non-homothetic CES production functions which was derived as a solution to a partial differential equation that defines the elasticity of substitution.
JEL Classification: E13
Suggested Citation: Suggested Citation
Shimomura, Koji, A Simple Proof of the Sato Proposition on Non-Homothetic Ces Functions. Available at SSRN: https://ssrn.com/abstract=179768
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