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