On Homothetic Scalar Valued Production Functions

Rolf G. Färe, Ronald W. Shephard, Rolf G. Färe · Scandinavian Journal of Economics · 1977

Seven equivalent statements of homotheticity are given for scalar valued production functions. These 7 statements relate to the functional form, the level sets L(u), the cost function, linearity of expansion paths and the distance function for the correspondence u maps to L(u).

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