Two-Factor CES Production
Capital-labor CES production function with factor shares, marginal products, and the Cobb-Douglas limit.
Impact Score
Score Reasoning
- Importance
- Workhorse macro production function. Foundation for solow-ces and directed-technical-change applications.
- Novelty
- Standard CES production function well-known since Arrow et al. (1961). CES-specific Lean proofs are new but the concept is classical.
- Quality
- Clear, well-linked article (5 inbound links) presenting the foundational two-factor case.