EDIT, September 2014: I wrote to Prof. Ecalle, it turns out (as I had hoped) that the fractional iterates constructed by the recipe below really do come out $C^\infty,$ including a growth bound, in terms of $n,$ on the $n$-th derivatives at $0.$
The key word phrase is Gevrey Class. Also, I recently put a better exposition and example of the technique at https://math.stackexchange.com/questions/911818/how-to-get-fx-if-we-know-ffx-x2x/912324#912324
EDIT Feb. 2016: given that there is new discussion of this, i am pasting in the mathematical portion of Prof. Ecalle's reply, which includes the references
Yes, indeed, any $f(x)$ real analytic at $0$ and of the form
(*) $f(x)=x+ ax^{p+1} +o(x^{p+1})$ for $a \not= 0$
admits natural fractional iterates $g=f^{o w}$ (right or left of zero)
that are not just $C^\infty$ at $0$, but of Gevrey class $1/p$, i.e. with
bounds of type
(**) $| g^{(n)}(0)/n! |< c_0 \cdot c_1^n \cdot (n/p)!$
Here, $g$ may denote any iterate of rational or real order $w$. You may
find details in my publication no 7 on my homepage
http://www.math.u-psud.fr/~ecalle/publi.html or again in publication
no 16 ("Six Lectures etc"; in English), pp 106-107 , Example 2 (with
$\nu=1$).
Here, Gevrey smoothness at $0$ results from $g(x^{1/p})$ being the Laplace
transform of an analytic function with (at worst) exponential growth
at infinity.
The "Six Lectures" are in Schlomiuk editor, 1993, Bifurcations and periodic orbits of vector fields / edited by Dana Schlomiuk. The reference is currently number 19 on Ecalle's web page, it reads:
Six Lectures on Transseries, Analysable Functions and the Constructive
Proof of Dulac's Conjecture . Bifurcations and Periodic Orbits of
Vector Fields, D. Schlomiuk ed., p.75-184, 1993, Kluwer
ORIGINAL: The correct answer to this belongs to the peculiar world of complex dynamics. See John Milnor, Dynamics in One Complex Variable.
First, an example. Begin with $f(z) = \frac{z}{1 + z},$ which has derivative $1$ at $z=0$ but, along the positive real axis, is slightly less than $x$ when $x > 0.$ We want to find a Fatou coordinate, which Milnor (page 107) denotes $\alpha,$ that is infinite at $0$ and otherwise solves what is usually called the Abel functional equation,
$$ \alpha(f(z)) = \alpha(z) + 1.$$
There is only one holomorphic Fatou coordinate up to an additive constant. We take
$$ \alpha(z)= \frac{1}{ z}.$$
To get fractional iterates $f_s(z)$ of $f(z),$ with real $0 \leq s \leq 1,$ we take
$$ f_s (z) = \alpha^{-1} \left( s + \alpha(z) \right) $$
and finally $$f_s(z) = \frac{z}{1 + s z}.$$
The desired semigroup homomorphism holds,
$$ f_s(f_t(z)) = f_{s + t}(z), $$
with $f_0(z) = z$ and $f_1(z) = f(z).$
Alright, the case of $\sin z$ emphasizing the positive real axis is not terribly different, as long as we restrict to the interval $ 0 < x \leq \frac{\pi}{2}.$ For any such $x,$ define
$x_0 = x, \; x_1 = \sin x, \; x_2 = \sin \sin x,$ and in general
$ x_{n+1} = \sin x_n.$ This sequence approaches $0$, and in fact does so for any $z$ in a certain open set around the interval $ 0 < x \leq \frac{\pi}{2}$ that is called a petal.
Now, given a specific $x$ with $x_1 = \sin x$ and $ x_{n+1} = \sin x_n$ it is a result of Jean Ecalle at Orsay that we may take
$$ \alpha(x) = \lim_{n \rightarrow \infty} \; \; \; \frac{3}{x_n^2} \; + \; \frac{6 \log x_n}{5} \; + \; \frac{79 x_n^2}{1050} \; + \; \frac{29 x_n^4}{2625} \; - \; n.$$
Note that $\alpha$ actually is defined on $ 0 < x < \pi$ with
$\alpha(\pi - x) = \alpha(x),$ but the symmetry also means that the inverse function returns to the interval $ 0 < x \leq \frac{\pi}{2}.$
Before going on, the limit technique in the previous paragraph is given in pages 346-353 of Iterative Functional Equations
by Marek Kuczma, Bogdan Choczewski, and Roman Ger. The solution is specifically Theorem 8.5.8 of subsection 8.5D, bottom of page 351 to top of page 353. Subsection 8.5A, pages 346-347, about Julia's equation, is part of the development.
As before, we define ( at least for $ 0 < x \leq \frac{\pi}{2}$) the parametrized interpolating functions,
$$ f_s (x) = \alpha^{-1} \left( s + \alpha(x) \right) $$
In particular
$$ f_{1/2} (x) = \alpha^{-1} \left( \frac{1}{2} + \alpha(x) \right) $$
I calculated all of this last night. First, by the kindness of Daniel Geisler, I have a pdf of the graph of this at:
http://zakuski.math.utsa.edu/~jagy/sine_half.pdf
Note that we use the evident symmetries $ f_{1/2} (-x) = - f_{1/2} (x)$ and
$ f_{1/2} (\pi -x) = f_{1/2} (x)$
The result gives an interpolation of functions $f_s(x)$ ending at $ f_1(x)=\sin x$ but beginning at the continuous periodic sawtooth function, $x$ for $ -\frac{\pi}{2} \leq x \leq \frac{\pi}{2},$
then $\pi - x$ for $ \frac{\pi}{2} \leq x \leq \frac{3\pi}{2},$ continue with period $2 \pi.$
We do get $ f_s(f_t(z)) = f_{s + t}(z), $ plus the holomorphicity and symmetry of $\alpha$ show that
$f_s(x)$ is analytic on the full open interval $ 0 < x < \pi.$
EDIT, TUTORIAL: Given some $z$ in the complex plane in the interior of the equilateral triangle with vertices at $0, \sqrt 3 + i, \sqrt 3 - i,$ take $z_0 = z, \; \; z_1 = \sin z, \; z_2 = \sin \sin z,$ in general $z_{n+1} = \sin z_n$ and $z_n = \sin^{[n]}(z).$ It does not take long to show that $z_n$ stays within the triangle, and that $z_n \rightarrow 0$ as $n \rightarrow \infty.$
Second, say $\alpha(z)$ is a true Fatou coordinate on the triangle,
$\alpha(\sin z) = \alpha(z) + 1,$ although we do not know any specific value.
Now, $\alpha(z_1) - 1 = \alpha(\sin z_0) - 1 = \alpha(z_0) + 1 - 1 = \alpha(z_0).$ Also
$\alpha(z_2) - 2 = \alpha(\sin(z_1)) - 2 = \alpha(z_1) + 1 - 2 = \alpha(z_1) - 1 = \alpha(z_0).$
Induction, given $\alpha(z_n) - n = \alpha(z_0),$ we have
$\alpha(z_{n+1}) - (n+1) = \alpha(\sin z_n) - n - 1 = \alpha(z_n) + 1 - n - 1 = \alpha(z_0).$
So, given $z_n = \sin^{[n]}(z),$ we have $\alpha(z_n) - n = \alpha(z).$
Third , let
$L(z) = \frac{3}{z^2}+ \frac{6 \log z}{5} + \frac{79 z^2}{ 1050} + \frac{29 z^4}{2625}$.
This is a sort of asymptotic expansion (at 0) for $\alpha(z),$ the error is
$| L(z) - \alpha(z) | < c_6 |z|^6.$
It is unlikely that putting more terms on $L(z)$ leads to a convergent series, even in the triangle.
Fourth, given some $ z =z_0$ in the triangle. We know that $z_n \rightarrow 0$.
So $| L(z_n) - \alpha(z_n) | < c_6 |z_n|^6.$ Or
$| (L(z_n) - n ) - ( \alpha(z_n) - n) | < c_6 |z_n|^6 ,$ finally
$$ | (L(z_n) - n ) - \alpha(z) | < c_6 |z_n|^6 .$$
Thus the limit being used is appropriate.
Fifth, there is a bootstrapping effect in use. We have no actual value for $\alpha(z),$ but we can write a formal power series for the solution of a Julia equation for
$\lambda(z) = 1 / \alpha'(z),$ that is $\lambda(\sin z ) = \cos z \; \lambda(z).$ The formal power series for $\lambda(z)$ begins (KCG Theorem 8.5.1) with $- z^3 / 6,$ the first term in the power series of $\sin z$ after the initial $z.$ We write several more terms,
$$\lambda(z) \asymp - \frac{z^3}{6} - \frac{z^5}{30} - \frac{41 z^7}{3780} - \frac{4 z^9}{945} \cdots.$$
We find the formal reciprocal,
$$\frac{1}{\lambda(z)} = \alpha'(z) \asymp -\frac{6}{z^3} + \frac{6}{5 z} + \frac{79 z}{525} + \frac{116 z^3}{2625} + \frac{91543 z^5}{6063750}\cdots.$$
Finally we integrate term by term,
$$\alpha(z) \asymp \frac{3}{z^2} + \frac{6 \log z }{5} + \frac{79 z^2}{1050} + \frac{29 z^4}{2625} + \frac{91543 z^6}{36382500}\cdots.$$
and truncate where we like,
$$\alpha(z) = \frac{3}{z^2} + \frac{6 \log z }{5} + \frac{79 z^2}{1050} + \frac{29 z^4}{2625} + O(z^6)$$
Numerically, let me give some indication of what happens, in particular to emphasize
$ f_{1/2} (\pi/2) = 1.140179\ldots.$
x alpha(x) f(x) f(f(x)) sin x f(f(x))- sin x
1.570796 2.089608 1.140179 1.000000 1.000000 1.80442e-11
1.560796 2.089837 1.140095 0.999950 0.999950 1.11629e-09
1.550796 2.090525 1.139841 0.999800 0.999800 1.42091e-10
1.540796 2.091672 1.139419 0.999550 0.999550 3.71042e-10
1.530796 2.093279 1.138828 0.999200 0.999200 1.97844e-10
1.520796 2.095349 1.138070 0.998750 0.998750 -2.82238e-10
1.510796 2.097883 1.137144 0.998201 0.998201 -7.31867e-10
1.500796 2.100884 1.136052 0.997551 0.997551 -1.29813e-09
1.490796 2.104355 1.134794 0.996802 0.996802 -1.14504e-09
1.480796 2.108299 1.133372 0.995953 0.995953 9.09416e-11
1.470796 2.112721 1.131787 0.995004 0.995004 1.57743e-09
1.460796 2.117625 1.130040 0.993956 0.993956 5.63618e-10
1.450796 2.123017 1.128133 0.992809 0.992809 -3.00337e-10
1.440796 2.128902 1.126066 0.991562 0.991562 1.19926e-09
1.430796 2.135285 1.123843 0.990216 0.990216 2.46512e-09
1.420796 2.142174 1.121465 0.988771 0.988771 -2.4357e-10
1.410796 2.149577 1.118932 0.987227 0.987227 -1.01798e-10
1.400796 2.157500 1.116249 0.985585 0.985585 -1.72108e-10
1.390796 2.165952 1.113415 0.983844 0.983844 -2.31266e-10
1.380796 2.174942 1.110434 0.982004 0.982004 -4.08812e-10
1.370796 2.184481 1.107308 0.980067 0.980067 1.02334e-09
1.360796 2.194576 1.104038 0.978031 0.978031 3.59356e-10
1.350796 2.205241 1.100627 0.975897 0.975897 2.36773e-09
1.340796 2.216486 1.097077 0.973666 0.973666 -1.56162e-10
1.330796 2.228323 1.093390 0.971338 0.971338 -5.29822e-11
1.320796 2.240766 1.089569 0.968912 0.968912 8.31102e-10
1.310796 2.253827 1.085616 0.966390 0.966390 -2.91373e-10
1.300796 2.267522 1.081532 0.963771 0.963771 -5.45974e-10
1.290796 2.281865 1.077322 0.961055 0.961055 -1.43066e-10
1.280796 2.296873 1.072986 0.958244 0.958244 -1.58642e-10
1.270796 2.312562 1.068526 0.955336 0.955336 -3.14188e-10
1.260796 2.328950 1.063947 0.952334 0.952334 3.20439e-10
1.250796 2.346055 1.059248 0.949235 0.949235 4.32107e-10
1.240796 2.363898 1.054434 0.946042 0.946042 1.49412e-10
1.230796 2.382498 1.049505 0.942755 0.942755 3.42659e-10
1.220796 2.401878 1.044464 0.939373 0.939373 4.62813e-10
1.210796 2.422059 1.039314 0.935897 0.935897 3.63659e-11
1.200796 2.443066 1.034056 0.932327 0.932327 3.08511e-09
1.190796 2.464924 1.028693 0.928665 0.928665 -8.44918e-10
1.180796 2.487659 1.023226 0.924909 0.924909 6.32892e-10
1.170796 2.511298 1.017658 0.921061 0.921061 -1.80822e-09
1.160796 2.535871 1.011990 0.917121 0.917121 3.02818e-10
1.150796 2.561407 1.006225 0.913089 0.913089 -3.52346e-10
1.140796 2.587938 1.000365 0.908966 0.908966 9.35707e-10
1.130796 2.615498 0.994410 0.904752 0.904752 -2.54345e-10
1.120796 2.644121 0.988364 0.900447 0.900447 -6.20484e-10
1.110796 2.673845 0.982228 0.896052 0.896052 -7.91102e-10
1.100796 2.704708 0.976004 0.891568 0.891568 -1.62699e-09
1.090796 2.736749 0.969693 0.886995 0.886995 -5.2244e-10
1.080796 2.770013 0.963297 0.882333 0.882333 -8.63283e-10
1.070796 2.804543 0.956818 0.877583 0.877583 -2.85301e-10
1.060796 2.840386 0.950258 0.872745 0.872745 -1.30496e-10
1.050796 2.877592 0.943618 0.867819 0.867819 -2.82645e-10
1.040796 2.916212 0.936899 0.862807 0.862807 8.81083e-10
1.030796 2.956300 0.930104 0.857709 0.857709 -7.70554e-10
1.020796 2.997914 0.923233 0.852525 0.852525 1.0091e-09
1.010796 3.041114 0.916288 0.847255 0.847255 -4.96194e-10
1.000796 3.085963 0.909270 0.841901 0.841901 6.71018e-10
0.990796 3.132529 0.902182 0.836463 0.836463 -9.28187e-10
0.980796 3.180880 0.895023 0.830941 0.830941 -1.45774e-10
0.970796 3.231092 0.887796 0.825336 0.825336 1.26379e-09
0.960796 3.283242 0.880502 0.819648 0.819648 -1.84287e-10
0.950796 3.337412 0.873142 0.813878 0.813878 5.84829e-10
0.940796 3.393689 0.865718 0.808028 0.808028 -2.81364e-10
0.930796 3.452165 0.858230 0.802096 0.802096 -1.54149e-10
0.920796 3.512937 0.850679 0.796084 0.796084 -8.29982e-10
0.910796 3.576106 0.843068 0.789992 0.789992 3.00744e-10
0.900796 3.641781 0.835396 0.783822 0.783822 8.10903e-10
0.890796 3.710076 0.827666 0.777573 0.777573 -1.23505e-10
0.880796 3.781111 0.819878 0.771246 0.771246 5.31326e-10
0.870796 3.855015 0.812033 0.764842 0.764842 2.26584e-10
0.860796 3.931924 0.804132 0.758362 0.758362 3.97021e-10
0.850796 4.011981 0.796177 0.751806 0.751806 -7.84946e-10
0.840796 4.095339 0.788168 0.745174 0.745174 -3.03503e-10
0.830796 4.182159 0.780107 0.738469 0.738469 2.63202e-10
0.820796 4.272614 0.771994 0.731689 0.731689 -7.36693e-11
0.810796 4.366886 0.763830 0.724836 0.724836 -1.84604e-10
0.800796 4.465171 0.755616 0.717911 0.717911 3.22084e-10
0.790796 4.567674 0.747354 0.710914 0.710914 -2.93204e-10
0.780796 4.674617 0.739043 0.703845 0.703845 1.58448e-11
0.770796 4.786234 0.730686 0.696707 0.696707 -8.89497e-10
0.760796 4.902777 0.722282 0.689498 0.689498 2.40592e-10
0.750796 5.024513 0.713833 0.682221 0.682221 -3.11017e-10
0.740796 5.151728 0.705339 0.674876 0.674876 7.32554e-10
0.730796 5.284728 0.696801 0.667463 0.667463 -1.73919e-10
0.720796 5.423842 0.688221 0.659983 0.659983 -1.66422e-10
0.710796 5.569419 0.679599 0.652437 0.652437 5.99509e-10
0.700796 5.721838 0.670935 0.644827 0.644827 -2.45424e-10
0.690796 5.881501 0.662231 0.637151 0.637151 -6.29884e-10
0.680796 6.048843 0.653487 0.629412 0.629412 1.86262e-10
0.670796 6.224333 0.644704 0.621610 0.621610 -5.04285e-10
0.660796 6.408471 0.635883 0.613746 0.613746 -6.94697e-12
0.650796 6.601802 0.627025 0.605820 0.605820 -3.81152e-10
0.640796 6.804910 0.618129 0.597834 0.597834 4.10222e-10
0.630796 7.018428 0.609198 0.589788 0.589788 -1.91816e-10
0.620796 7.243040 0.600231 0.581683 0.581683 -4.90592e-10
0.610796 7.479486 0.591230 0.573520 0.573520 4.29742e-10
0.600796 7.728570 0.582195 0.565300 0.565300 -1.38719e-10
0.590796 7.991165 0.573126 0.557023 0.557023 -4.05081e-10
0.580796 8.268218 0.564025 0.548690 0.548690 -5.76379e-10
0.570796 8.560763 0.554892 0.540302 0.540302 1.49155e-10
0.560796 8.869925 0.545728 0.531861 0.531861 1.0459e-11
0.550796 9.196935 0.536533 0.523366 0.523366 -1.15537e-10
0.540796 9.543137 0.527308 0.514819 0.514819 -2.84462e-10
0.530796 9.910004 0.518054 0.506220 0.506220 6.24335e-11
0.520796 10.299155 0.508771 0.497571 0.497571 -9.24078e-12
0.510796 10.712365 0.499460 0.488872 0.488872 8.29491e-11
0.500796 11.151592 0.490122 0.480124 0.480124 3.31769e-10
0.490796 11.618996 0.480757 0.471328 0.471328 2.27307e-10
0.480796 12.116964 0.471366 0.462485 0.462485 3.06434e-10
0.470796 12.648140 0.461949 0.453596 0.453596 4.77846e-11
0.460796 13.215459 0.452507 0.444662 0.444662 1.53162e-10
0.450796 13.822186 0.443041 0.435682 0.435682 -2.87541e-10
0.440796 14.471963 0.433551 0.426660 0.426660 -5.20332e-11
0.430796 15.168860 0.424037 0.417595 0.417595 -8.17951e-11
0.420796 15.917436 0.414501 0.408487 0.408487 -4.6788e-10
0.410796 16.722816 0.404944 0.399340 0.399340 3.70729e-10
0.400796 17.590771 0.395364 0.390152 0.390152 -6.97547e-11
0.390796 18.527825 0.385764 0.380925 0.380925 -2.45522e-10
0.380796 19.541368 0.376143 0.371660 0.371660 4.09758e-10
0.370796 20.639804 0.366503 0.362358 0.362358 1.15221e-10
0.360796 21.832721 0.356843 0.353019 0.353019 -4.75977e-11
0.350796 23.131092 0.347165 0.343646 0.343646 -4.27696e-10
0.340796 24.547531 0.337468 0.334238 0.334238 2.12743e-10
0.330796 26.096586 0.327755 0.324796 0.324796 4.06133e-10
0.320796 27.795115 0.318024 0.315322 0.315322 -2.71476e-10
0.310796 29.662732 0.308276 0.305817 0.305817 -3.74988e-10
0.300796 31.722372 0.298513 0.296281 0.296281 -1.50491e-10
0.290796 34.000986 0.288734 0.286715 0.286715 2.17798e-11
0.280796 36.530413 0.278940 0.277121 0.277121 4.538e-10
0.270796 39.348484 0.269132 0.267499 0.267499 5.24261e-11
0.260796 42.500432 0.259311 0.257850 0.257850 7.03059e-11
0.250796 46.040690 0.249475 0.248175 0.248175 -1.83863e-10
0.240796 50.035239 0.239628 0.238476 0.238476 4.06119e-10
0.230796 54.564668 0.229768 0.228753 0.228753 -2.56253e-10
0.220796 59.728239 0.219896 0.219007 0.219007 -7.32657e-11
0.210796 65.649323 0.210013 0.209239 0.209239 3.43103e-11
0.200796 72.482783 0.200120 0.199450 0.199450 -1.20351e-10
0.190796 80.425131 0.190216 0.189641 0.189641 1.07544e-10
0.180796 89.728726 0.180303 0.179813 0.179813 9.93221e-11
0.170796 100.721954 0.170380 0.169967 0.169967 2.63903e-10
0.160796 113.838454 0.160449 0.160104 0.160104 6.74095e-10
0.150796 129.660347 0.150510 0.150225 0.150225 4.34057e-10
0.140796 148.983681 0.140563 0.140332 0.140332 -2.90965e-11
0.130796 172.920186 0.130610 0.130424 0.130424 4.02502e-10
0.120796 203.060297 0.120649 0.120503 0.120503 -1.85618e-11
0.110796 241.743576 0.110683 0.110570 0.110570 4.2044e-11
0.100796 292.525678 0.100711 0.100626 0.100626 -1.73504e-11
0.090796 361.023855 0.090734 0.090672 0.090672 2.88887e-10
0.080796 456.537044 0.080752 0.080708 0.080708 -2.90848e-10
0.070796 595.371955 0.070767 0.070737 0.070737 4.71103e-10
0.060796 808.285844 0.060778 0.060759 0.060759 -3.90636e-10
0.050796 1159.094719 0.050785 0.050774 0.050774 3.01403e-11
0.040796 1798.677124 0.040791 0.040785 0.040785 3.77092e-10
0.030796 3159.000053 0.030794 0.030791 0.030791 2.4813e-10
0.020796 6931.973789 0.020796 0.020795 0.020795 2.95307e-10
0.010796 25732.234731 0.010796 0.010796 0.010796 1.31774e-10
x alpha(x) f(x) f(f(x)) sin x f(f(x))- sin x
I agree with John Bentin, that the question has little sense in the formal category.
Let me restrict myself to the simpler question of factorization into linear factors
(so everyting will be over complex numbers).
A formal infinite product $(1+a_1x)(1+a_2x)(1+a_3x)...$ makes no sense, because we have to
sum infinite series to obtain the coefficient at $x$.
For this reason I disagree with solution of Will Sawin. The product $(1+a_1x)(1+a_2x^2)...$
does make sense, formally, but after you factor each multile into linear factors, it does not,
even formally!
So let us restrict to convergent series and products. Then the next question, of course, is
"where are they supposed to converge?"
If we want convergence in the whole plane, a satisfactory answer can be given. This is not exactly
Weierstrass, but Weierstrass combined with Hadamard:
If
$$\rho:=\limsup\frac{n\log n}{-\log|a_n|}\; \; \; < 1,$$
then
$$1+a_1x+a_2x^2+\ldots=(1+c_1x)(1+c_2x)\ldots,$$
and both sides are convergent in the ordinary sense in the whole plane. Notice that
some convergence of
$$\sum c_n$$
is necessary just to make sense of the RHS. If this series of $c_n$ is ABSOLUTELY convergent,
then then the right hand side is convergent in the whole plane, so it defines the left hand side
(the power series, and for this power series $\rho\leq 1$ must hold.
So we see that the condition $\rho<1$ is almost best possible. The case $\rho=1$ can be also
completely studied, but this is somewhat more complicated, and for this I refer to B. Levin, Distribution of zeros of entire functions,
AMS, 1964.
Let me repeat the main point. For the product $(1+c_1x)(1+c_2x)\ldots$ to make sense, even FORMALLY,
the series of $c_n$ must converge. Now, of course one can discuss various meanings of this convergence. But if it converges in the most usual sense, that is absolutely, the product converges in the whole plane, and we are within the subject of entire functions.
Exact condition on the coefficients of the power series can be written, and for this I refer
to Levin's book. So a necessary and sufficient condition on the series which guarantees that
it has a product expansion with linear factors can be given.
Passing from complex to real product is routine, of course.
Best Answer
The equation $\Phi(w,z)=0$ can be solved using Puiseux series. If $\frac{\partial{\Phi}}{\partial{w}}\not\equiv 0$ then there exist finitely many formal series $f(z)=\sum_{n\geq0}a_nz^{n/p}$ such that formally $\Phi(w,z)=0$. All these series are convergent. So the answer to your question is positive.
For the proof see any book titled "Algebraic functions".