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On the Compatibility of Generalized Hicks and Wage-Output-Neutral Technical Progress

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Mathematical Modelling in Economics

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Abstract

All production functions F : ℝ 3++ → ℝ representing the neutralities of technical progress

$$({F_K}/{F_L}){\text{ }}{ = _{{\text{ }}g}}(K/L)$$

and

$$L{F_L}{\text{ }} = {\text{ }}h(F)$$

together, are determined. They turn out to be of the homothetic type.

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Author information

Authors and Affiliations

  1. Institut für Wirtschaftstheorie und Operations Research, Universität Karlsruhe, Germany

    Wilhelm Gehrig

Authors
  1. Wilhelm Gehrig
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Editor information

Editors and Affiliations

  1. Department of Economics, University of British Columbia, #997-1873 East Mall, V6T 1W5, Vancouver, B.C., Canada

    W. Erwin Diewert

  2. University of Hong Kong, K.K. Leung Building, Hong Kong

    Klaus Spremann

  3. Department of Economics, University of Ulm, Helmholtzstraße 18, D-89069, Ulm/Donau, Germany

    Frank Stehling

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© 1993 Springer-Verlag Berlin · Heidelberg

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Gehrig, W. (1993). On the Compatibility of Generalized Hicks and Wage-Output-Neutral Technical Progress. In: Diewert, W.E., Spremann, K., Stehling, F. (eds) Mathematical Modelling in Economics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-78508-5_18

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  • DOI: https://doi.org/10.1007/978-3-642-78508-5_18

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-78510-8

  • Online ISBN: 978-3-642-78508-5

  • eBook Packages: Springer Book Archive

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