CES: A function to compute the CES function

View source: R/CES.R

CESR Documentation

A function to compute the CES function

Description

See Constant elasticity of substitution from Wikipedia

Usage

CES(K, L, alpha, sigma, eta, nudge = TRUE)

Arguments

K

Value of input 1.

L

Value of input 2.

alpha

Share parameter of input 1.

sigma

Elasticity of substitution.

eta

Returns to scale.

nudge

If TRUE, then nudge sigma such that sigma=1 is interpetable.

Value

CES(K,L)


ctross/STRAND documentation built on April 17, 2025, 3:53 a.m.