zero degree homogeneous

Definitions

Economics

• homogeneous of degree zero.
• abbreviation forHomogeneous of degree zero
• The property of a function that, if you scale all arguments by the same proportion, the value of the function does not change. See homogeneous of degree N. In the H-O Model, CRTS production functionsimply that marginal products have this property, which is critical for FPE.

Nearby Definitions of “zero degree homogeneous”

• Zero-base Budgeting
• zero-based budgeting
• zero beat
• zero bias
• zero compression
• zero degree homogeneous
• zero gravity experiments
• zero level
• zero method
• zero profit
• zero signal

Contexts for “zero degree homogeneous”

3 definitions in context
• Economics