Leontief production function
GPTKB entity
Statements (20)
Predicate | Object |
---|---|
gptkbp:instanceOf |
production function
|
gptkbp:appliesTo |
perfect complements
|
gptkbp:assumes |
no substitutability between inputs
|
gptkbp:category |
mathematical economics
microeconomics |
gptkbp:characterizedBy |
fixed input proportions
|
gptkbp:contrastsWith |
gptkb:Cobb-Douglas_production_function
gptkb:CES_production_function |
gptkbp:example |
Q = min(2L, 3K)
|
gptkbp:form |
Q = min(aX, bY)
|
https://www.w3.org/2000/01/rdf-schema#label |
Leontief production function
|
gptkbp:introduced |
gptkb:Wassily_Leontief
|
gptkbp:namedAfter |
gptkb:Wassily_Leontief
|
gptkbp:relatedTo |
industrial production
resource allocation |
gptkbp:usedFor |
input-output analysis
|
gptkbp:usedIn |
economics
production theory |
gptkbp:bfsParent |
gptkb:CES_production_function
|
gptkbp:bfsLayer |
8
|