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The production function

Guido Fioretti

Physica A: Statistical Mechanics and its Applications, 2007, vol. 374, issue 2, 707-714

Abstract: The productions function maps the inputs of a firm or a productive system onto its outputs. This article expounds generalizations of the production function that include state variables, organizational structures and increasing returns to scale. These extensions are needed in order to explain the regularities of the empirical distributions of certain economic variables.

Keywords: Production; Organization; Firm size; Growth (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (1)

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Working Paper: The Production Function (2005) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:eee:phsmap:v:374:y:2007:i:2:p:707-714

DOI: 10.1016/j.physa.2006.08.019

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Physica A: Statistical Mechanics and its Applications is currently edited by K. A. Dawson, J. O. Indekeu, H.E. Stanley and C. Tsallis

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