Inada conditions

In macroeconomics, the Inada conditions, named after Japanese economist Ken-Ichi Inada, are assumptions about the shape of a production function that guarantee the stability of an economic growth path in a neoclassical growth model. The conditions as such had been introduced by Hirofumi Uzawa.

The six conditions for a given function ${\displaystyle f(x)}$ are:

All these conditions are met by a Cobb–Douglas production function.

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