The use–make framework and the derivation of functional forms in production theory

Thijs ten Raa

Economic Systems Research, 2019, vol. 31, issue 1, 132-141

Abstract: The use–make framework is employed to explain functional forms in production theory, including Cobb–Douglas and Leontief. Productivity and efficiency are interrelated by augmenting the framework with a linear program that determines the frontier output.

Date: 2019
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DOI: 10.1080/09535314.2018.1431205

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