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

Jakub Growiec

Economics Letters, 2008, vol. 101, issue 1, 87-90

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: Production; function; Distribution; Unit; factor; productivity; Technology; frontier (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (30)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:101:y:2008:i:1:p:87-90

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