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Production functions and distributions of unit factor productivities: Uncovering the link

Article ID Journal Published Year Pages File Type
5061719 Economics Letters 2008 4 Pages PDF
Abstract
We derive a reversible “endogenous technology choice transform,” according to which firm-level production functions and distributions of unit factor productivities are two sides of the same coin. The Cobb-Douglas function relates to Pareto distributions, and the CES to Weibull distributions.
Keywords
O30O40E23Production functionDistribution
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Production functions and distributions of unit factor productivities: Uncovering the link
Authors
Jakub Growiec,
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Journal
Economics Letters
Journal: Economics Letters
Related Categories
O30
O40
E23
Production function
Distribution
Economics and Econometrics
Economics, Econometrics and Finance (General)
Finance
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